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$139,999
Est. payment /mo
890 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 890 sqft
Price per Sqft $157
Subdivision University
MLS® Listing ID C12278514
Source Toronto Regional Real Estate Board
Property Description
This is a rare chance for investors or aspiring small business owners to acquire a well-established and successfully operating franchise that has been serving the community for over 20 years.Prime Location, Situated in a high-traffic area next to the University of Toronto, a major museum, and several large hotels. Excellent walk-in traffic and storefront parking.Strong Monthly Sales: Approx. $45,000/month in revenue.Low Fixed Royalty: Only $910/month.Efficient Staffing: Operated by 2 employees with a combined monthly salary of $5,000.All-Inclusive Rent: Monthly rent of $7,510, including TMI, HST, water, and utilities.Positive Cash Flow: Generates approx. $4,000/month in profit with room to grow.Expansion Potential: Seller has already invested $15,000 as a deposit to the franchisor for expanding the liquor stock area, benefiting the new owner.This is a turnkey operation with stable income, located in one of the most sought-after areas in the city. Ideal for both seasoned investors and first-time business buyers looking to step into a proven and profitable setup with potential for further growth. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by RE/MAX REALTY SERVICES INC.