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 5060% 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 | Woodbine Corridor |
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 |
Niki Shah
Salesperson
Tej Thakor
Broker of Record