2052 Danforth Avenue Toronto, Ontario M4C 1J6

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

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