890 ft2
Fully Air Conditioned
Other
$149,999
This is a rare chance for investors or aspiring small business owners to acquire a well-established and successfully operating franchise that has been serving the community for over 20 years.Prime Location, Situated in a high-traffic area next to the University of Toronto, a major museum, and several large hotels. Excellent walk-in traffic and storefront parking.Strong Monthly Sales: Approx. $45,000/month in revenue.Low Fixed Royalty: Only $910/month.Efficient Staffing: Operated by 2 employees with a combined monthly salary of $5,000.All-Inclusive Rent: Monthly rent of $7,510, including TMI, HST, water, and utilities.Positive Cash Flow: Generates approx. $4,000/month in profit with room to grow.Expansion Potential: Seller has already invested $15,000 as a deposit to the franchisor for expanding the liquor stock area, benefiting the new owner.This is a turnkey operation with stable income, located in one of the most sought-after areas in the city. Ideal for both seasoned investors and first-time business buyers looking to step into a proven and profitable setup with potential for further growth. (id:53661)
Property Details
MLS® Number
|
C12152479 |
Property Type
|
Retail |
Neigbourhood
|
University—Rosedale |
Community Name
|
University |
Building
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Other |
Size Interior
|
890 Ft2 |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Zoning Description
|
Commercial |
https://www.realtor.ca/real-estate/28321377/262-bloor-street-toronto-university-university