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$ 200,000
Est. payment /mo
Active
2480 Gerrard ST E Toronto E06, ON M1N 4C3
1,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $111
Subdivision Birchcliffe-Cliffside
MLS Listing ID E12421747
Tax Year 2025
Property Sub-Type Sale Of Business
Property 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.
Location
Province ON
County Toronto
Community Birchcliffe-Cliffside
Area Toronto
Interior
Cooling Yes
Others
ParcelsYN No
Listed by HOMEART REALTY SERVICES INC.