Added 2 months ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Convenience/Variety
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Zoning: Commercial-resid
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Age: No Data
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MLS®#: W8084724
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Days on Site: 44 Days
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Added: Feb 21, 2024 (2 months ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: HOMELIFE/MIRACLE REALTY LTD
Secure this cash-flowing property at an appealing price! Don't overlook this profitable convenience and Vape store nestled in a vibrant residential and commercial neighbourhood, bustling with activity at the intersection of Bloor and Dundas. This location offers a unique advantage, featuring two separate stores, Sky Vape Studio and Hasty Market, both fully licensed. Weekly sales ranging from $12,000 to $14,000. Currently, net income ranges from $6,000 to $8,000 monthly. The Lotto commission alone amounts to $12,000 to $15,000 annually. The current lease is valid until October 2027, with an opportunity for a new 5-year lease on updated terms with the landlord. The current rent is $1,999 + Tax + TMI(including water and maintenance costs). Additional income is sourced from various streams including vape stores, credit card sales, bong products, cigarettes, and groceries. Great opportunity to own a business with high profit.
Extras
Please Do Not Go Direct And Do Not Talk To Employees.
Property
Status: Sale
Type: Convenience/Variety
Property Type: Sale Of Business
Property Type: Without Property
Area: Toronto
Community: High Park-Swansea
Availability Date: TBD
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Open
Elevator: None
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Street
Covered Parking Spaces: 2
Fees
Tax Year: 2024
Taxes Type: N/A
Land
Cross Street: Dundas St W And Bloo
Municipality District: Toronto W01
Sewer: San+Storm
Zoning: Commercial-resid
Commercial Specific
Number of Employees: 2
Rail: N
Retail Area: 99
Retail Area Metric: %
Sprinklers: Y
Total Area: 1000
Total Area Metric: Sq Ft
Hours Open: 930Am-1
Days Open: 7
Franchise: Y
Tangible Property Included: Y
Lot Code: Unit
Business/Building Name: Hasty Market Convenience Store
Financial Statement: Y
LLBO: N
Mountview Alternative School Junior
Elementary: PublicSt Luigi Catholic School
Elementary: CatholicPerth Avenue Junior Public School
Elementary: PublicIndian Road Crescent Junior Public School
Elementary: PublicKeele Street Public School
Elementary: PublicHoward Junior Public School
Elementary: PublicCaring and Safe Schools LC4
Secondary: PublicÉSC Saint-Frère-André
Secondary: CatholicÉcole secondaire Toronto Ouest
Secondary: PublicBloor Collegiate Institute
Secondary: PublicBishop Marrocco/Thomas Merton Catholic Secondary School
Secondary: CatholicHumberside Collegiate Institute
Secondary: Public
