$150,000
Available - For Sale
Listing ID: C11963265
148 Spadina Ave , Unit 3, Toronto, M5V 2L8, Ontario
| 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!!! |
| Price | $150,000 |
| Taxes: | $0.00 |
| Tax Type: | T.M.I. |
| Occupancy by: | Owner |
| Address: | 148 Spadina Ave , Unit 3, Toronto, M5V 2L8, Ontario |
| Apt/Unit: | 3 |
| Postal Code: | M5V 2L8 |
| Province/State: | Ontario |
| Directions/Cross Streets: | Spadina Ave/Richmond St. W |
| Category: | Without Property |
| Use: | Convenience/Variety |
| Total Area: | 711.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 711 |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | THE MORGAN |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | Y |
| Days Open: | 7 |
| Hours Open: | 9AM-9PM |
| Employees #: | 1 |
| Seats: | 1 |
| LLBO: | N |
| Heat Type: | Elec Forced Air |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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Years
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| EXP REALTY |
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Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Waterfront Communities C1 |
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