1000 Gerrard St E

LocationSouth Riverdale, M4M 3G6
$149K For Sale
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Description

Location, Location, Location!Take over a well-established Subway franchise located in the very busy Gerrard Square Shopping Centre, one of Torontos highest foot traffic malls! Anchored by big-box stores like Walmart,Home Depot, Winners, Dollarama, Staples, Tim Hortons & KFC, and surrounded by dense residential, commercial, and office buildings.Why This Business?Short Hours: Mall hours (Mon Fri 10 AM9 PM, Sat Sun 10 AM6 PM) allow for a great work/life balance Low Food Cost: Approx. 26% (per seller)Very Low Rent: Only $4,576.42/month (TMI incl. garbage, gas, water)No Heavy Cooking: Simple operations & full franchisor support Recently Renovated: Over $80,000 in upgrades & new equipment Absentee Owner: Great potential for hands-on owner/operator Long Lease: Until Jan 2030 + two (5-year) renewal options Franchise Royalties: 8% Royalty + 4.5% Marketing*Growth Opportunities Catering Potential: Huge demand from nearby businesses and offices Hands-on Management: Ideal for family-run or owner-operated businesses to increase sales Located right on Transit Line: TTC, streetcars & ample mall parking Please Do Not Visit the Store or Speak to Staff. All Showings by Appointment Only.Perfect For:Subway's Owners New immigrants First-time business buyers Investors looking for a steady cash flow Entrepreneurs wanting a well-known brand with low overhead and support.

Features

  • Business Type
    Category: Food Court Outlet
  • Commercial Total Area
    Total Area: 263 sqft
  • Commercial Retail Area
    Retail Area: 263 sqft
  • Commercial Parking Spaces
    Total Parkings: 100
  • Commercial Parking Types
    Parking Types: Outside/Surface

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: Mall Hours
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: N
  • Number of Employees
    Total Employees: 3
  • MLS
    E12368261
  • Listing contracted with: CENTURY 21 HERITAGE GROUP LTD.

Location