1 Bathroom
1,300 ft2
Fully Air Conditioned
Forced Air
$198,000
Motivated seller offering a high-profit grocery store for sale in one of Toronto busiest areas. This store is located on a prime street surrounded by subway stations, banks, restaurants, Pizza Pizza, and many other businesses, ensuring consistent high foot traffic. The business generates monthly gross sales of approximately $36,000 with 50 to 60% profit margins, plus an additional $1,000 to $1,500 in lotto commissions. The store is well equipped with a 10 x 12 ft walk-in cooler, multiple small fridges, and a basement for storage purposes. With low rent and a secure lease term of 3 + 5 years remaining, the business offers stable income and strong cash flow. There is also significant potential for growth a new owner can expand services by adding tobacco, liquor, and other convenience items. This is a turnkey opportunity in a highly desirable location with proven profitability. Don't miss your chance to own a thriving business in the heart of Toronto. (id:53661)
Business
Business Type
|
Food Services and Beverage |
Business Sub Type
|
Grocery |
Property Details
MLS® Number
|
E12399326 |
Property Type
|
Business |
Neigbourhood
|
East York |
Community Name
|
Danforth |
Parking Space Total
|
2 |
Building
Bathroom Total
|
1 |
Age
|
31 To 50 Years |
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Electric |
Heating Type
|
Forced Air |
Size Interior
|
1,300 Ft2 |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
110 Ft |
Size Frontage
|
20 Ft |
Size Irregular
|
Unit=20 X 110 Ft |
Size Total Text
|
Unit=20 X 110 Ft |
Zoning Description
|
Commercial |
https://www.realtor.ca/real-estate/28853759/2052-danforth-avenue-toronto-danforth-danforth