unit 3 - 120 Lombard St, Toronto, M5C 3H5

Home Overview

Description

Excellent downtown location on Jarvis Street, corner on Jarvis /Richmond Street, surrounded by high rise condos and lots of walking traffic. Profit making with Lotto, key fobs, grocery, alcohol, beer, Cig, and Bitcoin. Rent $4503 incl TMI. Net monthly profit is Appx $7500 after paying $1000 to employee for working on week ends. Lotto Com $800pm, key fobs sales ,beer, alcohol, soft drinks, grocery , Snacks , Atm, Bitcoin, Western Union, passport photos, parcel pick up . Fobs and key cutting profit covers all store expenses. Indian grocery section added on lots of demand and sales are growing .Appx 220 sqft space 4 steps up is subleased for $1500 on monthly basis and running sim cards, cell phone (used and new), Rio and money gram business. Lease will be terminated on closing giving opportunity for buyer of this location to run same business (location is approved for Sim card, cell phones, used items sale and Rio, Money gram) or sublease (please see pictures). Coffee tea service could be added for high traffic place. Inventory cost is extra.

1 month

Days

Sale Of Business

Property Type

$0 / Year

Est. Annual Taxes

Without Property

Style

None

Garage

N

Basement