Added 4 weeks 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: Convenience Stor
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Age: No Data
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Taxes: 2024
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MLS®#: W9418723
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Days on Site: 1 Days
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Added: Oct 21, 2024 (4 weeks ago)
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Updated:
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Last Checked: 7 hours ago
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Listed By: SAVE MAX REAL ESTATE INC.
Excellent opportunity to Own Turn Key Convenience/Grocery Store on ground floor of high rise building Prime location. Low rent $2700 plus TMI with option to continue the lease or make fresh lease currently 3 plus 5 years lease and current tenant are only 3 months; Beer is already in store Just start selling. Currently Lotto, ATM & BIT-Coin Machine, Fe-Dax Delivery and Pick up Service, Ria Money Transfer, U-Haul, Passport Photo. Current Total Sales Revenue $725,000 including Lotto; If add VAPE Revenue can increase minimum $50000 per annum. Business is an absolute ideal opportunity to run a Convenience, Grocery and Meat items in one location; Inventory are extra and calculated on the day of closing. Great location, Store surrounded by lots of high-rise buildings also there are 9 Highrise Building coming within 300 meter and lots of Potential to grow. Current owner added brand new POS, & some Deli, store also has Seven Door Cooler all the fixtures are included in purchase price. Ample Opportunity to grow business if buyer add Vape, Grocery & more Deli.
Extras
Beer, Lotto, Cigarettes, Money Transfer, U-Haul, Fe-Dax Passport. All Fixtures, Walk in Cooler, POS System. The owner shall train new Buyer for Two Weeks. Ample customer parking and One Reserved.
Property
Status: Sale
Type: Convenience/Variety
Property Type: Sale Of Business
Property Type: Without Property
Net Income: 65000
Area: Toronto
Community: Beechborough-Greenbrook
Availability Date: IMMEDIATE
Inside
Air Conditioning: Y
Building
Basement: N
Heat Type: Gas Forced Air Open
Energy Certificate: N
Green Verification Status: N
Outside Storage: N
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: 114-13-L
Taxes: $2,024
Expenses: Est
Insurance Fee: 140
Operating Fees: 75000
Taxes Type: Annual
Land
Cross Street: Eglington/Keele
Municipality District: Toronto W04
Parcel Number: 104910466
Lot Depth: 84 Feet
Lot Frontage: 18 Feet
Zoning: Convenience Stor
Commercial Specific
Number of Employees: 1
Retail Area: 1562
Retail Area Metric: Sq Ft
Total Area: 1562
Total Area Metric: Sq Ft
Hours Open: 8:30-20
Industrial Area Metric: Sq Ft
Days Open: 7
Franchise: N
Tangible Property Included: N
Crane: N
Lot Code: Unit
Survey: N
Building Percent: 100
Business/Building Name: FAMILY FOOD MART
Financial Statement: N
Gross Income/Sales: 725000
Estimated Inventory Value: 45000
LLBO: N
Keelesdale Junior Public School
Elementary: PublicSilverthorn Community School
Elementary: PublicCharles E Webster Public School
Elementary: PublicImmaculate Conception Catholic School
Elementary: CatholicSt Matthew Catholic School
Elementary: CatholicSt Nicholas of Bari Catholic School
Elementary: CatholicVaughan Road Academy
Secondary: PublicYorkdale Secondary School
Secondary: PublicGeorge Harvey Collegiate Institute
Secondary: PublicBlessed Archbishop Romero Catholic Secondary School
Secondary: CatholicYork Memorial Collegiate Institute
Secondary: PublicDante Alighieri Academy
Secondary: Catholic
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