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

Est payment $600/mo
Views   1
Time on Jump  14 day
  • 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.

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2404 Eglinton Avenue Unit# 5
Toronto , Ontario
$124,900
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