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Description

Excellent opportunity to acquire a well-established convenience store in Toronto. The current owner has successfully operated the business for 12 years and is now planning to retire, creating a great chance for a new operator to take over and grow the business.Over the past year, ongoing road construction in the area has temporarily impacted customer traffic and sales. The store is currently generating approximately $15,000 in monthly sales, with cigarettes accounting for about 40% of revenue. In addition, the business earns steady lottery commission of approximately $3,000 per month, along with extra income from ATM, Bitcoin machine, and POS services, providing multiple revenue streams. Low rent of only $3,187/month, currently on a month-to-month basis, offers flexibility. A new 5-year lease is available for the buyer, providing long-term security and stability.There is significant room for growth. By expanding product offerings, adding new services, and extending operating hours, a new owner can substantially increase sales and profitability.Ideal for an owner-operator or family business. Don't miss this opportunity to own a stable business with strong potential for future growth in a prime Toronto location. (id:13843)

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MLS Number: W13231808

Listing Provided By: WILLIAM CAI – (905) 305-1600

HOMELIFE LANDMARK REALTY INC. – (905) 305-1600