NewFor Sale

2480 Gerrard Street E
Toronto E06, Toronto, ON, M1N 4C3

Sale Of Business
TRREB
MLS® Number: E12421747
$200,000List Price
Sale Of BusinessProperty Type
1,800 sq ftSize
Convenience/VarietyBusiness Type
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Property Location

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Listing History

Buy/sell history for 2480 Gerrard Street E, Toronto E06, ON M1N 4C3

0 Transactions by CPRB Agents

Top Agents in Toronto E06

Description

Business for Sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy Plaza with McDonald, Tim Hortons and freshCo, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfect for entrepreneurial growth. Current average weekly sales are approximately $13,000 (with about 40% from cigarettes), plus lottery commissions of $6,000/month And another $1,000 from ATM, Bitcoin, Cig. rebate and Cig. cartoon sale), Operating costs are low, averaging $1,000/month for utilities and other expenses. A brand-new 5+5 year lease is in place at $5.797.73/month net-net rent. The business currently operates limited hours (7 AM-10 PM), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity, offering growth potential and a solid foundation. Current owner run this business for 28 Years and he only worked from 7Am-2:30Pm Monday to Friday.

Features

No features available

Amenities

No amenities available

Summary

Listing #:E12421747
Property Type:Sale Of Business
Size:1,800 sq ft
Days on CPRB:
Garage:Plaza
Locker:None
On CPRB Since:
Listing Brokerage:HOMEART REALTY SERVICES INC.

Rooms

Details

Property

Property Type:Sale Of Business
Community:Birchcliffe-Cliffside
Municipality:Toronto

Building

Size:1,800 sq ft

Inside

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

Parking

Garage Type:Plaza
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Victoria Park / Gerrard E

$200,000

List price

2480 Gerrard Street E, Toronto E06 – Sale Of Business for sale