2052 Danforth Avenue Toronto, Ontario M4C 1J6

$198,000

Motivated seller offering a high-profit grocery store for sale in one of Toronto busiest areas. This store is located on a prime street surrounded by subway stations, banks, restaurants, Pizza Pizza, and many other businesses, ensuring consistent high foot traffic. The business generates monthly gross sales of approximately $36,000 with 50 to 60% profit margins, plus an additional $1,000 to $1,500 in lotto commissions. The store is well equipped with a 10 x 12 ft walk-in cooler, multiple small fridges, and a basement for storage purposes. With low rent and a secure lease term of 3 + 5 years remaining, the business offers stable income and strong cash flow. There is also significant potential for growth a new owner can expand services by adding tobacco, liquor, and other convenience items. This is a turnkey opportunity in a highly desirable location with proven profitability. Don't miss your chance to own a thriving business in the heart of Toronto. (id:50886)

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https://www.realtor.ca/real-estate/28853759/2052-danforth-avenue-toronto-danforth-danforth