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Convenience Store In Ontario For Sale

Toronto, Ontario
Asking Price:
$250,000 (CAD) Inventory / Stock included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$250K - $500K (CAD)

Sales.....1100k to 1500k weekly.

Asking price $250k.

In the business for more than 20 yrs.

Lots of room for growth and advancement.

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Lease

Lease Terms:

5 yr....NEW LEASE RENEWED...FROM 2017 TO 2022

Leasehold Rent:

approx 81600/ yrly per annum

Location:

Down town Toronto. Lower Spadina and Lakeshore.

Premises Details:

TWO HIGH RISE TOWERS...AND ONE MORE HIGH RISE TOWER IN THE MIDDLE COMING UP SOON IN 2019 ESTIMATED..CITY PROPOSAL ALREADY IN PLACE.

Size in square feet:
1900/sq ft

Business Operation

Expansion Potential:

IT IS A "C" SHAPED PREMISES...TWO WINGS ARE TWO HIGH RISE APARTMENTS(EQUIVALENT TO CONDO STANDARD)BUILDING AND THE MIDDLE ONE IS CURRENTLY ONE STOREY HIGH...WHICH IS ALREADY PROPOSED TO RISE UP HIGHER THAN CURRENT TWO.SEE WEBSITE AND CITY PLANNING PROPOSAL.

Competition / Market:

SHOPPERS DRUG MART

Reasons for selling:

FAMILY SITUATION

Trading hours:

Hours of the store.....Mon to thur; 7:45 am to 10:30........Fri and Sat: 8 am to 11 pm
Sun hrs from 8 :15 am to 10 pm

Employees:
family run business
Years established:
around 20 yrs in service and more potential TO GROW

Other Information

Support & training:

full support and training provided..

Financing available:

50K

Furniture / Fixtures value:
$45,000 (CAD)
Inventory / Stock value:
$60,000 (CAD) - included in the asking price
Website:
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