Excellent opportunity to acquire a well-established convenience store operating in a high-traffic Queen & Coxwell location for over 35 years. This turnkey business generates strong sales, offering a solid profit margin with simple day-to-day operations that a single owner-operator can manage. Attractive lease terms with low occupancy costs of approximately $3,600/month, including rent and TMI, plus a long-term lease structure of 5 years with a 5-year renewal option. The current pending lease is approximately 2.5 years with a renewal option for an additional 5 years. Strategically positioned on a prominent corner lot with excellent exposure and a new move-in-ready condominium development directly across the street, creating significant future growth potential. The "History" music venue is a short walk away, offering huge potential to increase foot traffic. The business offers further upside through extended operating hours and expanded product offerings. The premises include a basement for additional storage and one dedicated parking space. Flexible layout allows for conversion to a variety of retail or service-oriented uses, making it suitable for investors, entrepreneurs, or owner-operators seeking a prime location with strong future prospects. (id:60120)
| Business Type | Retail and Wholesale |
| Business Sub Type | Convenience store |
| MLS® Number | E13477726 |
| Property Type | Business |
| Community Name | Greenwood-Coxwell |
| Equipment Type | Fridge(s) |
| Parking Space Total | 1 |
| Rental Equipment Type | Fridge(s) |
| Appliances | Freezer |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Utility Water | Municipal Water |
| Acreage | No |
| Zoning Description | Commercial |
Contact us for more information
Sahir Parmar
Salesperson
(416) 864-3888
(416) 864-3859
HTTP://www.kwportfolio.ca
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