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$150,000
Available - For Sale
Listing ID: C11884658
A rare opportunity to own the well-known "INS Market" franchise in a prime North York location, with in the North American Centre at Finch Subway Station. The asking price includes all inventory and equipment. This highly visible store is situated in a busy area, surrounded by office towers and condos, making it one of the busiest traffic hubs in the Greater Toronto Area. The shop is located on the concourse level with direct access to Yonge and Finch Subway Station. Operating as a convenience/variety store, it is open Monday to Friday from 7:00 AM to 9:00 PM, with the option to extend to weekends. The store serves a prime customer base and offers products such as cigarettes, snacks, magazines, cold drinks, chocolates, candies, groceries, and lottery tickets. With strong income potential and a straight forward operation, the business is ideal for families, business owners, new immigrants, and investors. The lease term is 4+5 years, and the store has a total retail space of 1,365 sq. ft.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $7,500 $15,000 $22,500 $30,000
First Mortgage $142,500 $135,000 $127,500 $120,000
CMHC/GE $3,918.75 $2,700 $2,231.25 $0
Total Financing $146,418.75 $137,700 $129,731.25 $120,000
Monthly P&I $627.1 $589.76 $555.63 $513.95
Expenses $0 $0 $0 $0
Total Payment $627.1 $589.76 $555.63 $513.95
Income Required $23,516.26 $22,115.94 $20,836.08 $19,273.15

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RE/MAX MILLENNIUM REAL ESTATE

5650 Yonge St , Unit 4, Toronto, M2M 4G3, Ontario

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Newtonbrook West
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Tax: $3,400
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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