3 - 148 Spadina Avenue Toronto, Ontario M5V 2L8
$150,000
Location!!! Location!!! Location!!! Great Opportunity To Own This Amazing INS Market Franchise Business at Spadina Ave & Richmond St. W. In the Heart Of Downtown Toronto! Busy Chinatown Intersection With Very High Foot Traffic, TTC At The Doorstep, And New Subway Station Being Built Right Across! Surrounded By High Profiles Restaurants, Hotels And Office Buildings. Loyal Customers For Years. Making Money! Low Monthly Rent of Roughly $6000 Including TMI and Utilities. Monthly Sales Of About 66k to 70k Including Lotto (per seller). Weekly average sales of 17k and Daily Average Sales $2500 to $3000 Including Lotto (per seller). Lotto Commission Between $2500 - $4000/ month Pays More Than Half of The Rent!!!. Inventory Top Up / Replenishment of About $1500 Bi-Weekly. Lease Has More Than 3 Years Left Until May 22, 2028 Renewable for Another 5 Years And So On (New Owner To Discuss Lease Extension Options With Landlord). Large Area of 711 sq. Comes With Employees Washroom And Extra Storage For Cigarettes And Others. Opportunity To Make Even More Money By Adding Alcohol Sale! Don't Miss This Fantastic, Once In A Lifetime Opportunity To Be Your Own Boss At An Amazing Location Which Matters A Lot!!! (id:50886)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Convenience store |
| Name | THE MORGAN |
Property Details
| MLS® Number | C11963265 |
| Property Type | Business |
| Community Name | Waterfront Communities C1 |
| Parking Space Total | 1 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Size Exterior | 711 Sqft |
| Size Interior | 711 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Zoning Description | Commercial |
Contact Us
Contact us for more information
Akpa Agnemel
Salesperson
akpaagnemel.ca/
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February 10 2025 02:25:50
Toronto Regional Real Estate Board
Exp Realty