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Home ON Greater Toronto Area Toronto Scarborough Hunt Club Birchcliffe-Cliffside
2480 GERRARD STREET E
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2480 GERRARD STREET E $200,000
$200,000
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2480 GERRARD STREET E
Toronto (Birchcliffe-Cliffside), Ontario M1N4C3

MLS® Number: E12421747

Listing 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 5+5 year lease is in place at $5.797.73/month net-net rent. 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. (41323821)

Location Description

Cross Streets: Victoria Park / Gerrard E. ** Directions: Beside of McDonald.

Property Summary

Property Type
Business
Community Name
Birchcliffe-Cliffside
Annual Property Taxes
$0
Time on REALTOR.ca
83 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Convenience store)

Measurements

Square Footage
1800 sqft

Land

Other Property Information
Zoning Description
retail
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