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.
| MLS # | W13231808 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 162 |
| Listing Provided By | HOMELIFE LANDMARK REALTY INC. | W13231808 063000 |
| Cooling | Yes |
|---|
| Tax Annual Amount | 0 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto W05 |
| Postal Code | M3K 1E5 |
| Area | Downsview Roding CFB |
| Listing VS Median (in M3K 1E5) | |
Price: $40,000 low | high Med: $1,176,000 On site: 162 low | high Med: 106 | |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto W05 |
| Postal Code | M3K 1E5 |
| Area | Downsview Roding CFB |
| Listing VS Median (in M3K 1E5) | |
Price: $40,000 low | high Med: $1,176,000 On site: 162 low | high Med: 106 | |