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    For Sale - 2480 Gerrard Street, Toronto, Ontario

    Est payment $475/mo
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    Views   1
    Time on Jump  9 days

    AI Summary *

    • Recently licensed to sell liquor, with steadily increasing sales.
    • Large retail space offers flexibility for additional businesses or services.
    • Located in a busy plaza near grocery and fast-food retailers.
    • Limited operating hours leave potential to extend hours.
    • Established family-run business with 28 years under current ownership.




    Business for sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy plaza with mcdonald, tim hortons and freshco, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfect for entrepreneurial growth. Current average weekly sales are approximately $13,000 (with about 40% from cigarettes), plus lottery commissions of $6,000/month and another $1,000 from atm, bitcoin, cig. Rebate and cig. Cartoon sale), operating costs are low, averaging $1,000/month for utilities and other expenses. A brand-new 4 years lease is in place at $5. 971. 67/month net-net rent plus tmi($2109). The business currently operates limited hours (7 am-10 pm), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity, offering growth potential and a solid foundation. Current owner run this business for 28 years and he only worked from 7am-2:30pm monday to friday.
    Listing IDE14146166
    Address2480 Gerrard Street
    CityToronto, Ontario
    Price$99,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessHeating / Cooling Gas Forced Air Closed

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    Listing Brokerage: HOMEART REALTY SERVICES INC.

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    2480 Gerrard Street
    Toronto , Ontario
    $99,000
    Get more info