165 King Street E, Toronto C08, ON M5A 1J4 (King/Jarvis)

Price : $98,000.00 , MLS®# : C12370479

PUVANESWARANATHAN
Description

Excellent opportunity - INS Market located at George Brown college. Prime downtown location with steady clientele. Store sells cigarettes, cold drinks, accessories, milk, groceries, chocolates, candies, chips, etc. Option to sell alcohol too - LLBO license just obtained - lots of potential to grow the sales. Extra income from lotto machine. Sales $23,000/month and growing (tobacco only 10%). Lotto commission $800/month. Option to increase sales with steady hours, if owner operated, opening hours expanded, & if alcohol offered for sale. Current operation is only 4 days/week with short hours only 10am-6:30pm. Low flat fee royalty only $800/month plus 1% of lotto sales. Rent $7300/month includes TMI & HST. Lease 3 years + 5 + 5 Years options. Priced for a quick sale - seller motivated. Don't miss this amazing opportunity to be your own boss. Top brand name franchise business with training and support. Easy 1 person operation.

Location Description

King/Jarvis

Property Details
  • Community: Moss Park
  • Property Type: Owner/Commercial
  • Garages: Street
  • Annual Property Taxes : $ 0
Building Features
  • Parking Type : Street
Features
  • Heating : Gas Forced Air Closed

Listing Contracted With: HOMELIFE/BAYVIEW REALTY INC.