$279,880
FOR SALE

Business for Sale

Convenience/Variety

Total Area: 1,300 ft2

156 The Queensway
Toronto, ON L8Y 1J2 | Stonegate-Queensway

Extremely Well Established, Thriving Convenience Store Located in a Busy Area. The current Owner has been operating this business since 1993 and now wants to retire. Surrounded by Numerous Condominium Buildings. Lease Till Dec 31st, 2027 + Ten (10) Years option to Renew. Rent $4800 (TMI included) High Margin, Annual Net Income is more or less $160,000. As per Vendor, the Annual Sales volume is around $900,000. Extra income from ATM, Bitcoin machine $400/m. Lotto commission $3500/m. Easy Turn Key operation. Any unauthorized visit is Totally Not Allowed.
Extras
Once in a Lifetime opportunity. All numbers to be verified by Buyer or Buyer's agent.
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Listed By RE/MAX REAL ESTATE CENTRE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8296586
Last Updated May 07, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Non-Franchise
Category Without Property
Occupancy Tenant
Possession Date Immediate/TBA
Directions/Cross Streets The Queensway/Park Lawn
Neighbourhood Stonegate-Queensway
Area Toronto
Price History

Interested in obtaining the full price history for this property?
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Detailed Information
Retail Area 1,300 ft2
Total Area 1,300 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Days Open 7
Hours Open 7Am-9Pm
LLBO N
Employees 3
Heat Type None
Financial Statement Y
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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