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    For Sale - 2404 Eglinton Avenue Unit# 5, Toronto, Ontario

    Est payment $600/mo
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    Views   1
    Time on Jump  71 day

    AI Summary *

    • Located in a busy area with strong foot traffic and transit access.
    • Realistic profit margins for convenience stores range from 10-20%.
    • Additional income streams from services like photocopying and key cutting.
    • Operational costs include utilities, staffing, and inventory management.
    • Long hours required for operation, may need extra staff for workload.




    Location kennedy & eglinton, which is in scarborough, part of toronto. That is a busy corridor with solid foot traffic, transit access, and dense residential areas-so the "high traffic" claim is plausible. Breaking down the income claims the listing mixes revenue and extra income streams, which can be misleading. Base sales: $16,000/week ? $64,000/month revenue. But revenue ? Profit. Convenience stores often have: cigarettes: ~5-10% margins. Lotto: commissions only. Snacks/drinks: higher margins (20-40%) a realistic blended net margin might be 10-20% before expenses. Additional income" (monthly approx.). Photocopy/print: $500. Key & fob: $600. Coffee/snacks: atm: total: ~$2,950/month. 1. Rent & lease terms, high-traffic corners = high rent. You need: monthly rent, lease length + renewal options, any rent escalations. 2. Operating costs: utilities (fridges/freezers run 24/7), staff wages (if not fully family-run), inventory shrinkage/theft, insurance. 3. Hours & workload: open longer hours to make more, you'll likely be working very long days unless you hire staff (which cuts profit). Alcohol license.
    Listing IDE13071134
    Address2404 Eglinton Avenue Unit# 5
    CityToronto, Ontario
    Price$124,900
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessCommunity Features Public Transit, SubwaysBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Agency:  RE/MAX COMMUNITY REALTY INC.

    * 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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    2404 Eglinton Avenue Unit# 5
    Toronto , Ontario
    $124,900
    Get more info