1194 Danforth Avenue, Toronto, ON M4J 1M6

$69,000

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Property Description

Excellent opportunity to acquire a well-established convenience store located at a major, high-traffic intersection in East York, Toronto. This store benefits from strong visibility, consistent walk-in traffic, and a solid customer base.The business currently generates approximately $7,000 in weekly sales, with additional stable income streams including lottery commission of about $800/month, ATM income of $300/month, Bitcoin machine income of $270/month, photo services bringing in $500/month, and key cutting services generating $300/month.Current rent is $3,700 per month, including HST, water, and TMI, offering excellent value for such a prime location. A new 5 + 5 year lease is available for the new owner, providing long-term stability.This business offers significant growth potential, particularly by adding beer and wine sales (subject to approvals). It is also versatile and may be converted to another type of business, making it ideal for owner-operators .

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Listing courtesy of HOMELIFE LANDMARK REALTY INC..