834 College Street, Toronto | Image 1

834 College Street

Toronto, Palmerston-Little Italy

  • Commercial

$169,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Convenience/Variety

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 18

  • MLS®#: C9392057

  • Added: Oct 10, 2024 (1 month ago)

  • Updated:

  • Last Checked: 6 hours ago

  • Listed By: EXP REALTY

Franchised INS Market Store On The Busy Intersection Of College St And Ossington, Turn Key Operation, AAA Location, Loyal Customers, High Walk In Traffic & High Exposure Area. Motivated Seller. Reason For Selling: Owner Moving Out Of Province. 2 Employees, Great Potential With Owner Operator To Maximize. Sales Averaging 18k-20K/Weekly (per seller). Tobacco And Lotto Max Sales. Lease $5300/Month + Tax(13%). Lease 2 +5. Cigarette Companies: Ltl, Rbh, Jti, Markup 14-18%, Drinks Markup: 60-100%, Everything Else Markup 30-40%, Bitcoin Atm Revenue: $100 Per Month, Western Union 1.8% Commission, 990 Sq.Ft Of Interior Space + Storage room. Store Offers Cash Back Option with $2.5 Fee for Amount Less Than $100. Only Convenience/Variety Store in The Area. Gross Sales Around 65K per Month. Net Profit Of 8k-9k+ Monthly (Before Salaries). Opportunity Increase Net Profit With INS Franchise Approved For Alcohol/Liquor Sales and Self Serve Tim Hortons Coffee Machine! Yours To Own This Spacious Store With A Lot Of Room to Add More Services Make Even More Profit! Store Can Be Opened 24/7!

Extras

All Fixtures And Chattels Are Included In The Sale. Brand New Fridge (Waiting To Be Delivered Soon) Included, A $5000 Value.

Property

  • Status: Sale

  • Type: Convenience/Variety

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Palmerston-Little Italy

  • Availability Date: immediate

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Energy Certificate: N

  • Water Supply: Municipal

Parking

  • Garage Type: Other

Fees

  • Tax Year: 2023

  • Taxes: $18

  • Taxes Type: T.M.I.

Land

  • Cross Street: College & Ossington

  • Municipality District: Toronto C01

  • Parcel Number: 212800285

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 990

  • Retail Area Metric: Sq Ft

  • Total Area: 990

  • Total Area Metric: Sq Ft

  • Hours Open: 8AM-10P

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 1

  • Financial Statement: N

  • LLBO: N

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