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    For Sale - 148 Spadina Avenue Unit# 3, Toronto, Ontario

    Est payment $619/mo
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    Views   2
    Time on Jump  56 day

    AI Summary *

    • Prime downtown location in Toronto's bustling Chinatown district.
    • High pedestrian traffic and TTC access right at the doorstep.
    • Strong monthly sales with diverse revenue streams, including Lotto.
    • Spacious layout with extra storage and employee facilities.
    • Secured lease until 2028 with renewal options available.




    Prime location! Prime opportunity! Own a thriving ins market franchise in downtown toronto! An exceptional opportunity to own a well-established ins market franchise located at the high-demand intersection of spadina ave & richmond st. W., right in the heart of downtown toronto's vibrant chinatown district. This store benefits from extremely high pedestrian traffic, ttc access at the doorstep, and a new subway station under construction directly across the street, making this location even more valuable for future growth. Surrounded by popular restaurants, hotels, offices, and residential buildings, the store enjoys a loyal customer base built over years of excellent service. Business highlights: * strong monthly sales of approximately $66,000-$70,000 including lotto (as per seller) * weekly average sales approximately $17,000 * daily average sales approximately $2,000-$2,400 including lotto * lotto commission approximately $2,500-$4,000/month, helping cover a significant portion of rent * recently added alcohol and wine sales, creating additional revenue opportunities * low monthly rent of approximately $5,900 including tmi and utilities * inventory replenishment approximately $1,500 bi-weekly* spacious 750sq. Ft. Layout with employee washroom and additional storage space* lease secured until may 22, 2028, with renewal options available (subject to landlord discussion)this is a rare chance to own a profitable convenience store business in one of toronto's most desirable and high-traffic locations. Dedicated loading dock at the back of the store. A perfect opportunity for an entrepreneur looking to become their own boss with a proven business model and strong earning potential. Location matters - and this location delivers! Don't miss this incredible opportunity! Motivated seller!
    Listing IDC13486302
    Address148 Spadina Avenue Unit# 3
    CityToronto, Ontario
    Price$129,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessCommunity Features Public Transit, SubwaysHeating / Cooling Electric Forced Air

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    Listing Agency:  ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    148 Spadina Avenue Unit# 3
    Toronto , Ontario
    $129,000
    Get more info