$ 75,000
2186 Eglinton AVE W Toronto W04, ON M6E 2L1
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$ 75,000
Est. payment /mo
Active
2186 Eglinton AVE W Toronto W04, ON M6E 2L1
1 Bath
1,000 SqFt
UPDATED:
09/23/2024 04:20 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $75
MLS Listing ID W9363503
Annual Tax Amount $1,000
Tax Year 2023
Property Description
This convenience store is located in a densely populated area of York. It is a mere 5-minute walk from a new subway station currently under construction. The store spans 1,000 square feet and generates approximately $6,000 in weekly sales. Cigarette sales account for roughly 70% of revenue, while groceries contribute approximately 30%. Annual lottery commission stands at $31,069. The monthly rent is $3,390, inclusive of TMI and HST. A new lease is available. The store's current operating hours are Monday to Saturday from 9 AM to 8 PM and Sunday from 9 AM to 6 PM (relatively short hours of operation). The current owner has operated the store for 15 years and is looking to retire. A new owner could expand the business by increasing operating hours and introducing new products and services, such as applying for a liquor license to sell alcohol or adding electronic cigarettes. There is significant potential for sales growth.
Location
State ON
County Toronto
Community Subways
Area Briar Hill-Belgravia
Interior
Cooling Yes
Exterior
Community Features Subways
Utilities Available Yes
Parking Type Street
Others
Security Features No
Listed by REAL ONE REALTY INC.