834 College St | Toronto C01 - Palmerston-Little Italy

Description

All Fixtures And Chattels Are Included In The Sale. Brand New Fridge (Waiting To Be Delivered Soon) Included, A $5000 Value.

Property Details

  • Asking Price: $169,000
  • Taxes: 18.00
  • Bathrooms: 1
  • Basement: N
  • Garage Type: Other
  • Heat Type: Gas Forced Air Open
  • Air Conditioning: Y
  • Type: Sale Of Business
  • Style: Without Property

Franchised INS Market Store On The Busy Intersection Of College St And Ossington, Turn Key Operation, AAA Location, Loyal Customers, High Walk In Traffic & High Exposure Area. Motivated Seller. Reason For Selling: Owner Moving Out Of Province. 2 Employees, Great Potential With Owner Operator To Maximize. Sales Averaging 18k-20K/Weekly (per seller). Tobacco And Lotto Max Sales. Lease $5300/Month + Tax(13%). Lease 2 +5. Cigarette Companies: Ltl, Rbh, Jti, Markup 14-18%, Drinks Markup: 60-100%, Everything Else Markup 30-40%, Bitcoin Atm Revenue: $100 Per Month, Western Union 1.8% Commission, 990 Sq.Ft Of Interior Space + Storage room. Store Offers Cash Back Option with $2.5 Fee for Amount Less Than $100. Only Convenience/Variety Store in The Area. Gross Sales Around 65K per Month. Net Profit Of 8k-9k+ Monthly (Before Salaries). Opportunity Increase Net Profit With INS Franchise Approved For Alcohol/Liquor Sales and Self Serve Tim Hortons Coffee Machine! Yours To Own This Spacious Store With A Lot Of Room to Add More Services Make Even More Profit! Store Can Be Opened 24/7!