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$129,500
Available - For Sale
Listing ID: W13797048
Rare opportunity to acquire a 25+ year established neighborhood convenience store in a highly concentrated residential location in Etobicoke. The store is strategically located between three condominium buildings with 850+ residential units, creating a strong built-in neighborhood customer base and consistent demand for everyday convenience products.The business has also demonstrated significant sales growth under the current ownership. Sales have since grown to approximately $6,500-$6,700 per week, despite the store operating only 6 days per week and being closed every Sunday. Only ~26% cigarette sales, Beer & Wine Sales growing month over month due to recent closure of beer store, creating increased demand and customer traffic. OLG Lotto + ATM income of approximately $1,300/month, Only $2,500/month rent including TMI, HST and utilities, Printing and passport-photo services recently added, Fully turnkey operation with a well-stocked inventory of groceries, household essentials, snacks, beverages, ice cream, and everyday convenience products. Opportunity for the Next Owner: A buyer is acquiring more than just inventory and equipment - they are acquiring a 25+ year established location, an existing customer base, proven sales growth and a very low occupancy cost. Current Lease: 2+5 years. There is also further upside through continued development of liquor sales, higher-margin products, additional services and potentially expanding operating hours.
Price $129,500
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 380 Dixon Road , Toronto, M9R 1T3, Toronto
Postal Code: M9R 1T3
Province/State: Toronto
Directions/Cross Streets: Kipling Ave and Dixon Rd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Category: Without Property
Use: Convenience/Variety
Building Percentage: T
Total Area: 1,500
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Approximatly Age: 51-99
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 9am to
Employees #: 0
Seats: 0
Maintenance: 0
Sprinklers: No
Outside Storage: F
Rail: N
Crane: F
Soil Test: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: None
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HOMELIFE/MIRACLE REALTY LTD

380 Dixon Road , Toronto, M9R 1T3, Toronto

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

 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W09
Neighbourhood: Kingsview Village-The Westway
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Lot Size: x 0.00(Feet)
Approximate Age: 51-99
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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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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