What a Amazing business here in North York! The Lotto Shop is located in a prime spot within the highly popular North York Mall, situated at the entrance of the busiest Loblaws Supermarket inside the mall. Cigarette & Grocery Sales: $640,000 per year and Lottery commission: $150,000 ~ $170,000 per year, Lease: until Jan 31, 2026, and every 5 years to be renewed, Low Rent: $2,300/month (TMI, HST Inclusive), ensuring a high and stable income. It is an easy-to-operate business with short operating hours, making it highly efficient. Anyone can easily manage the store, and it is a rare and exclusive business that is hard to find these days. Don't miss this rare chance! **** EXTRAS **** Cigarette sales are $600,000 per year, and Grocery Sales are $40,000 per year. Cigarette&Grocery Profit covers all expenses. The Existing Lease until Jan 31, 2026, and will be renewed every 5yrs. The motivated wants to sell cause of health (id:47421)
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Detailed Information
Lot
10 x 10 ft
Listing Contract Date
2024-12-05
Location Description
Sheppard Ave E/ Bayview Ave
Property Type
Business
Transaction Type
For sale
Zoning Description
Commercial
Business
Business Type
Retail and Wholesale
Business Subtype
Convenience store
Building
Cooling Type
Fully air conditioned
Heating Fuel
Electric
Heating Type
Forced air
Land
Total Size
Unit=10 x 10 FT
Size of Irregular Land
Unit=10 x 10 FT
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