Property Address: 2480 Gerrard St E, Toronto, ON, M1N4C3
Average square foot calculated using Size range provided by listing agent.
Description
Business for Sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy Plaza with McDonald, Tim Hortons and freshCo, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfect for entrepreneurial growth. Current average weekly sales are approximately $13, 000 (with about 40% from cigarettes), plus lottery commissions of $6, 000/month And another $1, 000 from ATM, Bitcoin, Cig. Rebate and Cig. Cartoon sale), Operating costs are low, averaging $1, 000/month for utilities and other expenses. A brand-new 5+5 year lease is in place at $5.797.73/month net-net rent. The business currently operates limited hours (7 AM-10 PM), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity, offering growth potential and a solid foundation. Current owner run this business for 28 Years and he only worked from 7Am-2:30Pm Monday to Friday.Show Description