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

    Est payment $600/mo
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    Views   3
    Time on Jump  169 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.




    A 32 year established store at the same location. A convenience store surrounded byseveral residential buildings and steady foot traffic from a loyal, repeat customersbase from the library, medical centre, and other businesses in the same plaza strip,plus transit access, including kennedy subway. Very high volume of alcohol saleswith no immediate competition around this store. Room to grow further throughextended hours, expanded food and beverage offerings, and added services likeparcel pickup, passport photograph etc. The lease has 2 years remaining, and a 5-years renewal options providing the new owner with immediate stability and long-term security. Rent for the main floor and basement $5,550. 00. Basement also goodfor a second business such as textiles, phone stores and so on. The owner has twobusinesses and is having trouble handling both. The owner is willing to train andadvise as long as the buyer expects. The rent includes water, heating tmi and hstwith one payment. Coffee, sandwiches, donuts, muffins and other snacks keep thestore busy in the morning. Monthly sales approximately $60,000. 00, excludingbitcoin, atm, fob making, phone top-ups and so on. Listed for quick sale, pricenegotiable.
    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 Brokerage: 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