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$150,000
Available - For Sale
Listing ID: C11963265
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
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
Zoning: Commercial
Category: Without Property
Use: Convenience/Variety
Total Area: 711
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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EXP REALTY

148 Spadina Ave , Unit 3, Toronto, M5V 2L8, Ontario

Personal Picture
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: Waterfront Communities C1
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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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