165 King ST E new

Toronto C08,ON M5A 1J4

$ 139000

- Bed

- Bath

1074 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,074 sqft

Price per Sqft $129

Subdivision Moss Park

MLS Listing ID C12370479

Tax Year 2024

Property Sub-Type Sale Of Business

Property 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

Province ON

County Toronto

Community Moss Park

Area Toronto

Interior

Cooling Yes

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