Excellent opportunity to acquire a well-established convenience store in Toronto. The current owner has successfully operated the business for 12 years and is now planning to retire, creating a great chance for a new operator to take over and grow the business.Over the past year, ongoing road construction in the area has temporarily impacted customer traffic and sales. The store is currently generating approximately $15,000 in monthly sales, with cigarettes accounting for about 40% of revenue. In addition, the business earns steady lottery commission of approximately $3,000 per month, along with extra income from ATM, Bitcoin machine, and POS services, providing multiple revenue streams. Low rent of only $3,187/month, currently on a month-to-month basis, offers flexibility. A new 5-year lease is available for the buyer, providing long-term security and stability.There is significant room for growth. By expanding product offerings, adding new services, and extending operating hours, a new owner can substantially increase sales and profitability.Ideal for an owner-operator or family business. Don't miss this opportunity to own a stable business with strong potential for future growth in a prime Toronto location.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
Tour in person or virtually. Free, with no obligation.
