F2 - 1000 Gerrard Street E Toronto, Ontario M4M 3G6

$189,000

Location, Location, Location! Take over a well-established Subway franchise located in the very busy Gerrard Square Shopping Centre, one of Toronto's highest foot traffic malls! Anchored by big-box stores like Walmart, Home Depot, Winners, Dollarama, Staples, Tim Hortons & KFC, and surrounded by dense residential, commercial, and office buildings. Why This Business? Short Hours: Mall hours (Mon-Fri 10 AM-9 PM, Sat-Sun 10 AM-6 PM) allow for a great work/life balance. Low Food Cost: Approx. 26% (per seller), Very Low Rent: Only $4,576.42/month (TMI incl. garbage, gas, water), No Heavy Cooking: Simple operations & full franchisor support, Recently Renovated: Over $80,000 in upgrades & new equipment, Absentee Owner: Great potential for hands-on owner/operator, Long Lease: Until Jan 2030 + two (5-year) renewal options, Franchise Royalties: 8% Royalty + 4.5% Marketing, *Growth Opportunities! Catering Potential: Huge demand from nearby businesses and offices; Hands-on Management: Ideal for family-run or owner-operated businesses to increase sales. Located right on Transit Line: TTC, Streetcars & ample mall parking. Please Do Not Visit the Store or Speak to Staff. All Showings by Appointment Only. Perfect For: Subway's Owners, New immigrants, First-time business buyers, Investors looking for a steady cash flow, Entrepreneurs wanting a well-known brand with low overhead and support. (id:60365)

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https://www.realtor.ca/real-estate/28689428/f2-1000-gerrard-street-e-toronto-south-riverdale-south-riverdale