Motivated seller offering a high-profit grocery store for sale in one of Toronto busiest areas. This store is located on a prime street surrounded by subway stations, banks, restaurants, Pizza Pizza, and many other businesses, ensuring consistent high foot traffic. The business generates monthly gross sales of approximately $36,000 with 50 to 60% profit margins, plus an additional $1,000 to $1,500 in lotto commissions. The store is well equipped with a 10 x 12 ft walk-in cooler, multiple small fridges, and a basement for storage purposes. With low rent and a secure lease term of 3 + 5 years remaining, the business offers stable income and strong cash flow. There is also significant potential for growth a new owner can expand services by adding tobacco, liquor, and other convenience items. This is a turnkey opportunity in a highly desirable location with proven profitability. Don't miss your chance to own a thriving business in the heart of Toronto. (id:60365)
| BusinessType | Food Services and Beverage |
| BusinessSubType | Grocery |
| MLS® Number | E12399326 |
| Property Type | Business |
| Community Name | Danforth |
| ParkingSpaceTotal | 2 |
| BathroomTotal | 1 |
| Age | 31 To 50 Years |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Electric |
| HeatingType | Forced Air |
| SizeInterior | 1300 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 110 Ft |
| SizeFrontage | 20 Ft |
| SizeIrregular | Unit=20 X 110 Ft |
| SizeTotalText | Unit=20 X 110 Ft |
| ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/28853759/2052-danforth-avenue-toronto-danforth-danforth
Niki Shah
Salesperson
Tej Thakor
Broker of Record