Price: $130,000

2264 Keele Street, Toronto, ON M6M 3Y9

Attention all business searchers: Excellent Convenience Store Business for sale due to the owner's retirement. Running business for more than 30 years, with the same owner for more than 11 years. Excellent location. Busy plaza, heavy traffic and solid customer base. Average gross sales: $12,000/Wk. Cigarette 50%. Varieties 30%. Beer & Wine 20%. Beer and Wine sales are increasing day by day (No direct liquor competitions around). Lotto commission: $3,200/Mth. Other Income: $900/Mth from Bitcoin, ATM. Long lease: 5+5 Years Option. Rent: $4,000/Mth. Profit will be increased with extended business hours. Extra income can be generated from gift Items, key cutting and lots more. Basement included as Storage & extra space. Possibility of another rent income or own residence after Basement renovation. Lots of potentials with a new business owner. No franchise fee or royalty. Inventory is extra. Please do not visit the premises directly; contact the listing agent first. Financial statement and Equipment list is available after accepted offer.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$130,000

Gross Income

N/A

Annual Taxes

$5,244

Tax year

2024

Business Type

Convenience/Variety

Years in Business

N/A

Location

Toronto W04, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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