37a - 1530 Albion Road Toronto, Ontario M9V 1B4
$224,900
Very busy convenience store inside Albion Mall & can open outside of standard mall hours and on long weekends. Great location .... At a busy albion mall entrance (two entrances), good visibility and foot traffic. Gross Monthly Sales approx. $50,000-$55,000 . Lottery commission approx. $6,500 to $6,800 monthly and growing. Cigarette rebates about $500 to $600/month. Additional income streams (approx. $600 to $700) from Bitcoin, ATM, and PUDO (pick-up and drop-off) services. Rent: $6,931.51/month including TMI (Taxes, Maintenance, Insurance) & HST. Lotto commission covers rent + utilities. There's huge potential to add beer & wine sales, key cutting, money transfer service which could significantly raise revenues. As lottery commissions and other side incomes are growing, there may be further room to expand other revenue-streams or optimize operations. (id:50886)
Business
Business Type | Retail and Wholesale |
Business Sub Type | Convenience store |
Property Details
MLS® Number | W12435385 |
Property Type | Business |
Community Name | Mount Olive-Silverstone-Jamestown |
Building
Cooling Type | Fully Air Conditioned |
Heating Fuel | Electric |
Heating Type | Forced Air |
Size Interior | 979 Ft2 |
Utility Water | Municipal Water |
Land
Acreage | No |
Size Depth | 50 Ft |
Size Frontage | 20 Ft |
Size Irregular | 20 X 50 Ft |
Size Total Text | 20 X 50 Ft |
Zoning Description | Commercial |
Contact Us
Contact us for more information
Amandeep Singh Phul
Broker
www.amandeepphul.com/
1885 Wilson Ave Ste 200a
Toronto, Ontario M9M 1A2
(416) 743-2000
(416) 743-2031