2480 Gerrard St E

LocationBirchcliffe-Cliffside, M1N 4C3
$99K For Sale
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Description

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.

Features

  • Business Type
    Category: Convenience/Variety
  • Commercial Total Area
    Total Area: 1,800 sqft
  • Commercial Retail Area
    Retail Area: 1,600 sqft
  • Commercial Parking Types
    Parking Types: Plaza

Details

  • Commercial Zoning
    Zoning: Retail
  • Business Hour
    Business Hours: 7-10
  • Alcohol Allowed
    Alcohol Allowed: N
  • Number of Employees
    Total Employees: 1
  • MLS
    E14146166
  • Listing contracted with: HOMEART REALTY SERVICES INC.

Transit Accessibility

Victoria Park Subway Station (0.8km)
Danforth Go Train Station (1.2km)

Location



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