$75,000
FOR SALE

Business for Sale

Convenience/Variety

Lot: 17.16 x 72 ftTotal Area: 1,000 ft2
2023 Taxes: $1,000

2186 Eglinton Ave W
Toronto, ON M6E 2L1 | Briar Hill-Belgravia

This convenience store is located in a densely populated area of York. It is a mere 5-minute walk from a new subway station currently under construction. The store spans 1,000 square feet and generates approximately $6,000 in weekly sales. Cigarette sales account for roughly 70% of revenue, while groceries contribute approximately 30%. Annual lottery commission stands at $31,069. The monthly rent is $3,390, inclusive of TMI and HST. A new lease is available. The store's current operating hours are Monday to Saturday from 9 AM to 8 PM and Sunday from 9 AM to 6 PM (relatively short hours of operation). The current owner has operated the store for 15 years and is looking to retire. A new owner could expand the business by increasing operating hours and introducing new products and services, such as applying for a liquor license to sell alcohol or adding electronic cigarettes. There is significant potential for sales growth.
Extras
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
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Listed By REAL ONE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W9363503
Last Updated Sep 23, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Non-Franchise
Business/Building Name Caledonia Smoke Shop
Category Without Property
PIN 104840033
Legal Description PT LT 266 PL 1855 TWP OF YORK AS IN TB37795 (FIRSTLY ),S/T & T/W TB37795; TORONTO (YORK) , CITY OF TORONTO
Occupancy Owner
Possession Date TBD
Taxes (2023) $1,000
Tax Type Annual
Directions/Cross Streets Eglinton Ave W & Caledonia Rd
Neighbourhood Briar Hill-Belgravia
Area Toronto
Price History

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Detailed Information
Freestanding N
Bathrooms 1
Lot 17.16 x 72 ft
Retail Area 800 ft2
Total Area 1,000 ft2
Air Conditioning Y
Basement Y
Chattels Y
Garage Type Street
Days Open 7
Hours Open 9AM - 8
LLBO N
Employees 1
Heat Type Gas Forced Air Open
Financial Statement N
Outside Storage N
Area Influences Subways
Sprinklers N
Sewers Sanitary
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning CR2.5 Commercial Residential
Seller Property Info Statement N

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