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$149,000
Est. payment /mo
1,036 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,036 sqft
Price per Sqft $143
Subdivision Church-Yonge Corridor
MLS Listing ID C12283274
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Excellent downtown location on Jarvis Street, corner on Jarvis /Richmond Street, surrounded by high rise condos and lots of walking traffic. Profit making with Lotto, key fobs, grocery, alcohol, beer, Cig, and Bitcoin. Rent $4503 incl TMI. Net monthly profit is Appx $7500 after paying $1000 to employee for working on week ends. Monthly sales $27000 and improving, Cig $6500, key fobs sales $7000( $6000 profit),beer, alcohol, soft drinks $4800, grocery $3700, Snacks and chocolate $1400, Dairy $800, Misc sale $2000 , Atm, Bitcoin, Western Union, passport photos, parcel pick up makes $825 per month. Fobs and key cutting profit covers all store expenses. Appx 220 sqft space 4 steps up is subleased for $1500 on monthly basis and running sim cards, cell phone (used and new), Rio and money gram business. Lease will be terminated on closing giving opportunity for buyer of this location to run same business (location is approved for Sim card, cell phones, used items sale and Rio, Money gram) or sublease (please see pictures). Coffee tea service could be added for high traffic place. Inventory cost is extra. Please dont go direct .
Location
Province ON
County Toronto
Community Church-Yonge Corridor
Area Toronto
Zoning commercial
Interior
Cooling Yes
Inclusions Three refrigerators 3 doors, one refrigerator 2 doors, Cofee mc, Hot cabinet, steam table.
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Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED