14
See all 14 photos
$150,000
Est. payment /mo
711 SqFt
New
148 Spadina AVE #3 Toronto (waterfront Communities), ON M5V2L8
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 711 sqft
Price per Sqft $210
Subdivision Waterfront Communities C1
MLS® Listing ID C11902543
Originating Board Toronto Regional Real Estate Board
Property Description
Location!!! Location!!! Location!!! INS Market Franchise Business For Sale at Spadina Ave & Richmond St. W. Busy Intersection in The Heart of Downtown Toronto's China Town With A very High Foot Traffic, The Store Faces Directly The Street. Public Transit (TTC) Streetcars At The Door With A Brand New Subway Station Being Built Right Next To It, Which Will Drive Even More Traffic To The Store. Surrounded By High Profiles Restaurants, Hotels, Office Buildings, Luxury Condos Etc. Loyal Customers For Years. Making Money! Low Monthly Rent of Roughly $5500 Including HST. Monthly Sales Of About 65k to 70k Including Lotto (per seller). Weekly average sales of 17k and Daily Average Sales $2500 to $3000 Including Lotto (per seller). Lotto Commission Between $3000 - $4000/ month Pays Half of The Monthly Rent!!!. Inventory Top Up / Replenishment of About $1500 Bi-Weekly. Lease has 3+ More Years Left Until May 21st , 2028 With An Option For 5 Years Extension. Large Area of 711sq. Comes With Employees Washroom And Extra Storage Area In The Store Where Extra Inventory, Supplies, And Non-Display Items Are Kept. Its Typically Used For Stock Management, Organization, And Replenishing Shelves.. 1 Parking Spot Is Available In The Back Of The Store. Opportunity To Make Even More Money By Adding Alcohol Sale (Highly Demanded By Clients), Western Union Money Transfer, Uber Eats And DoorDash Orders, All Built-in Into The POS System And Ready To Be Activated By The New Owner! Bitcoin and ATM Machine At The Store Bring More Income and Traffic To The Store. With One Employee Capable Of Running The Store, This Is An Ideal Opportunity For A Residual Income While Keeping Your Regular Work And Activities! Don't Miss This Opportunity To Be Your Own Boss!!! **** EXTRAS **** All Chattels Included Except ATM & Bitcoin Machines (Which Belong To Their Respective Suppliers Who Pay Respectively Commission & Monthly Rent to The Store). Inventory Is Separate And Valued Approximately Between 40K And 50K. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 1
Private Pool No
Listed by EXP REALTY
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