2186 Eglinton AVE W Active Save Request In-Person Tour Request Virtual Tour
Toronto W04,ON M6E 2L1
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $75
MLS Listing ID W9363503
Annual Tax Amount $1,000
Tax Year 2023
Property Description
This convenience store is located in a densely populated area of York. It is a mere 5-minute walk from a new subway station currently under construction. The store spans 1,000 square feet and generates approximately $6,000 in weekly sales. Cigarette sales account for roughly 70% of revenue, while groceries contribute approximately 30%. Annual lottery commission stands at $31,069. The monthly rent is $3,390, inclusive of TMI and HST. A new lease is available. The store's current operating hours are Monday to Saturday from 9 AM to 8 PM and Sunday from 9 AM to 6 PM (relatively short hours of operation). The current owner has operated the store for 15 years and is looking to retire. A new owner could expand the business by increasing operating hours and introducing new products and services, such as applying for a liquor license to sell alcohol or adding electronic cigarettes. There is significant potential for sales growth.
Location
Province ON
County Toronto
Community Subways
Area Briar Hill-Belgravia
Interior
Cooling Yes
Exterior
Community Features Subways
Utilities Available Yes
Parking Type Street
Others
Security Features No