148 Spadina Ave

LocationWaterfront Communities C1, M5V 2L8
$139K For Sale
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Description

Prime Location! Prime Opportunity! Own a Thriving INS Market Franchise in Downtown Toronto! An exceptional opportunity to own a well-established INS Market Franchise located at the high-demand intersection of Spadina Ave & Richmond St. W., right in the heart of downtown Toronto's vibrant Chinatown district. This store benefits from extremely high pedestrian traffic, TTC access at the doorstep, and a new subway station under construction directly across the street, making this location even more valuable for future growth. Surrounded by popular restaurants, hotels, offices, and residential buildings, the store enjoys a loyal customer base built over years of excellent service. Business Highlights: * Strong monthly sales of approximately $66,000-$70,000 including Lotto (as per seller) * Weekly average sales approximately $17,000 * Daily average sales approximately $2,000-$2,400 including Lotto * Lotto commission approximately $2,500-$4,000/month, helping cover a significant portion of rent * Recently added alcohol and wine sales, creating additional revenue opportunities * Low monthly rent of approximately $5,900 including TMI and utilities * Inventory replenishment approximately $1,500 bi-weekly* Spacious 750sq. ft. layout with employee washroom and additional storage space* Lease secured until May 22, 2028, with renewal options available (subject to landlord discussion)This is a rare chance to own a profitable convenience store business in one of Toronto's most desirable and high-traffic locations. Dedicated loading dock at the back of the store. A perfect opportunity for an entrepreneur looking to become their own boss with a proven business model and strong earning potential. Location matters - and this location delivers! Don't miss this incredible opportunity!

Features

  • Business Type
    Category: Convenience/Variety
  • Commercial Total Area
    Total Area: 750 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: 8:00AM - 12:00AM
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: Y
  • Number of Employees
    Total Employees: 1
  • Commercial Features
    Features: Public Transit, Subways
  • MLS
    C13486302
  • Listing contracted with: ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM

Transit Accessibility

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

Location



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