1613 Bloor St | Toronto W01 - High Park-Swansea

Description

Please Do Not Go Direct And Do Not Talk To Employees.

Property Details

  • Asking Price: $225,000
  • Basement: Y
  • Garage Type: Street
  • Parking Spaces: 2
  • Heat Type: Gas Forced Air Open
  • Air Conditioning: Y
  • Type: Sale Of Business
  • Style: Without Property

Secure this cash-flowing property at an appealing price! Don't overlook this profitable convenience and Vape store nestled in a vibrant residential and commercial neighbourhood, bustling with activity at the intersection of Bloor and Dundas. This location offers a unique advantage, featuring two separate stores, Sky Vape Studio and Hasty Market, both fully licensed. Weekly sales ranging from $12,000 to $14,000. Currently, net income ranges from $6,000 to $8,000 monthly. The Lotto commission alone amounts to $12,000 to $15,000 annually. The current lease is valid until October 2027, with an opportunity for a new 5-year lease on updated terms with the landlord. The current rent is $1,999 + Tax + TMI(including water and maintenance costs). Additional income is sourced from various streams including vape stores, credit card sales, bong products, cigarettes, and groceries. Great opportunity to own a business with high profit.