69 Provost Dr, Toronto, M2K 0B7

Listing Overview

Description

Independent convenience store business for sale, no royalty or fees involved. Impressive clean and well organised store.This is the only convenience store among 13 high rise condo apartment buildings in surrounding and 3 more are under planning. Safe and secure location for a family to operate. Building is under 24 hours surveillance by condo corp. security. The business has a decent customer base. Current annual sales approx $435K(Cig <25% only).Higher than average industry profit margins on most products.Location is not price sensitive. Additional income from lotto/dry cleaning service approx. $18K/Yr. Current rent approx $4500/Mth incl TMI, long lease 5(ends 06/2030)+5.Utilities appprox $1000/Mth.High potential to grow business revenue and income.Online delivery platforms may be added rightaway. Short business hours M-F 8-10, Sat/Sun 9-10. Records are available for verification after a conditional offer is accepted. Please do not visit the store without appointment and ask questions to the store operator. All Business Information Is As Provided By Seller, Listing Broker Has Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.

34 days

On Market

Sale Of Business

Property Type

$0 / Year

Est. Taxes

Without Property

Style

Convenience/Variety

Business Type

N

Franchise