148 Spadina Ave

LocationWaterfront Communities C1, M5V 2L8
$150K For Sale
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Description

Location!!! Location!!! Location!!! Great Opportunity To Own This Amazing INS Market Franchise Business at Spadina Ave & Richmond St. W. In the Heart Of Downtown Toronto! Busy Chinatown Intersection With Very High Foot Traffic, TTC At The Doorstep, And New Subway Station Being Built Right Across! Surrounded By High Profiles Restaurants, Hotels And Office Buildings. Loyal Customers For Years. Making Money! Low Monthly Rent of Roughly $6000 Including TMI and Utilities. Monthly Sales Of About 66k to 70k Including Lotto (per seller). Weekly average sales of 17k and Daily Average Sales $2500 to $3000 Including Lotto (per seller). Lotto Commission Between $2500 - $4000/ month Pays More Than Half of The Rent!!!. Inventory Top Up / Replenishment of About $1500 Bi-Weekly. Lease Has More Than 3 Years Left Until May 22, 2028 Renewable for Another 5 Years And So On (New Owner To Discuss Lease Extension Options With Landlord). Large Area of 711 sq. Comes With Employees Washroom And Extra Storage For Cigarettes And Others. Opportunity To Make Even More Money By Adding Alcohol Sale! Don't Miss This Fantastic, Once In A Lifetime Opportunity To Be Your Own Boss At An Amazing Location Which Matters A Lot!!!

Features

  • Business Type
    Category: Convenience/Variety
  • Commercial Total Area
    Total Area: 711 sqft
  • Commercial Retail Area
    Retail Area: 711 sqft
  • Number of seats
    Seats: 1
  • Commercial Parking Spaces
    Total Parkings: 1
  • Commercial Parking Types
    Parking Types: Reserved/Assignd

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: 9AM-9PM
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: N
  • Number of Employees
    Total Employees: 1
  • MLS
    C11963265
  • Listing contracted with: EXP REALTY

Transit Accessibility

Osgoode Subway Station (0.8km)
Union Go Train Station (1.3km)

Location