Discover the potential of a premium investment with this exclusive franchised convenience store, strategically nestled in the heart of downtown Toronto. This long-term lease property boasts stability and a proven track record, offering a lucrative opportunity for the discerning investor.
Key Features:
Prime, high-profile AAA location in downtown Toronto, featuring a brand new Pizza Pizza counter and a BagsAway concession, offering 3 streams of revenue to the new owner. These additions enhance foot traffic and revenue streams, ensuring a promising future for the business.
Long-term lease in place, guaranteeing a stable and consistent income stream. The monthly net rent is $8762.87 + HST and the term expires in 2032.
Proven Success: Operating for over 15 years, this location has established a strong history of success and community presence. The introduction of a Pizza Pizza counter has already begun generating revenue, with a projected increase in earnings for 2024.
Attractive Price: This offering provides excellent value for investors seeking a profitable venture in downtown Toronto. Royalties are a flat $700 per month, and Pizza Pizza royalties are 6% of total sales. The inventory is not included in the price and is usually around $50K and will be adjusted at closing.
Efficient Operations: Most shifts are efficiently run by one person, with the owner dedicating 2 hours per day to the location, ensuring smooth operations and oversight.
This is a rare opportunity to acquire a thriving business with significant growth potential in Toronto's bustling downtown district. Don't miss out on this chance to own a piece of the city's vibrant business landscape. Serious inquiries only.
