NewFor Sale

Unit F2 - 1000 Gerrard Street E
Toronto E01, Toronto, ON, M4M 3G6

Sale Of Business
TRREB
MLS® Number: E12324221
$189,000List Price
Sale Of BusinessProperty Type
263 sq ftSize
Food Court OutletBusiness Type
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Property Location

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Listing History

Buy/sell history for 1000 Gerrard Street E F2, Toronto E01, ON M4M 3G6

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Description

Location, Location, Location! Take over a well-established Subway franchise located in the very busy Gerrard Square Shopping Centre, one of Toronto's highest foot traffic malls! Anchored by big-box stores like Walmart, Home Depot, Winners, Dollarama, Staples, Tim Hortons & KFC, and surrounded by dense residential, commercial, and office buildings. Why This Business? Short Hours: Mall hours (Mon-Fri 10 AM-9 PM, Sat-Sun 10 AM-6 PM) allow for a great work/life balance. Low Food Cost: Approx. 26% (per seller), Very Low Rent: Only $4,576.42/month (TMI incl. garbage, gas, water), No Heavy Cooking: Simple operations & full franchisor support, Recently Renovated: Over $80,000 in upgrades & new equipment, Absentee Owner: Great potential for hands-on owner/operator, Long Lease: Until Jan 2030 + two (5-year) renewal options, Franchise Royalties: 8% Royalty + 4.5% Marketing, *Growth Opportunities! Catering Potential: Huge demand from nearby businesses and offices; Hands-on Management: Ideal for family-run or owner-operated businesses to increase sales. Located right on Transit Line: TTC, Streetcars & ample mall parking. Please Do Not Visit the Store or Speak to Staff. All Showings by Appointment Only. Perfect For: Subway's Owners, New immigrants, First-time business buyers, Investors looking for a steady cash flow, Entrepreneurs wanting a well-known brand with low overhead and support.

Features

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Amenities

No amenities available

Summary

Listing #:E12324221
Property Type:Sale Of Business
Size:263 sq ft
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 HERITAGE GROUP LTD.

Rooms

Details

Property

Property Type:Sale Of Business
Community:South Riverdale
Municipality:Toronto

Building

Size:263 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Rooms:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Other

Land

Cross Street:Gerrard Street East & Pape Ave

$189,000

List price

Unit F2 - 1000 Gerrard Street E, Toronto E01 – Sale Of Business for sale