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. **** EXTRAS **** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence. (id:50886)
BusinessType | Retail and Wholesale |
BusinessSubType | Convenience store |
Name | Caledonia Smoke Shop |
MLS® Number | W9363503 |
Property Type | Business |
Community Name | Briar Hill-Belgravia |
BathroomTotal | 1 |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Other |
SizeInterior | 1000 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 72 Ft |
SizeFrontage | 17 Ft ,1 In |
SizeIrregular | 17.16 X 72 Ft |
SizeTotalText | 17.16 X 72 Ft |
ZoningDescription | Cr2.5 Commercial Residential |
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Jenny Miao
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