$150,000
( $210.97Per Sq Foot )
 $805 est/mo Sourced by Back At You

#3 - 148 Spadina Avenue , Toronto C01, ON M5V 2L8

Toronto C01, ON M5V 2L8

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Description

Location!!! Location!!! Location!!! INS Market Franchise Business For Sale at Spadina Ave & Richmond St. W. Busy Intersection in The Heart of Downtown Toronto's China Town With A very High Foot Traffic, The Store Faces Directly The Street. Public Transit (TTC) Streetcars At The Door With A Brand New Subway Station Being Built Right Next To It, Which Will Drive Even More Traffic To The Store. Surrounded By High Profiles Restaurants, Hotels, Office Buildings, Luxury Condos Etc. Loyal Customers For Years. Making Money! Low Monthly Rent of Roughly $5500 Including HST. Monthly Sales Of About 65k to 70k Including Lotto (per seller). Weekly average sales of 17k and Daily Average Sales $2500 to $3000 Including Lotto (per seller). Lotto Commission Between $3000 - $4000/ month Pays Half of The Monthly Rent!!!. Inventory Top Up / Replenishment of About $1500 Bi-Weekly. Lease has 3+ More Years Left Until May 21st , 2028 With An Option For 5 Years Extension. Large Area of 711sq. Comes With Employees Washroom And Extra Storage Area In The Store Where Extra Inventory, Supplies, And Non-Display Items Are Kept. Its Typically Used For Stock Management, Organization, And Replenishing Shelves.. 1 Parking Spot Is Available In The Back Of The Store. Opportunity To Make Even More Money By Adding Alcohol Sale (Highly Demanded By Clients), Western Union Money Transfer, Uber Eats And DoorDash Orders, All Built-in Into The POS System And Ready To Be Activated By The New Owner! Bitcoin and ATM Machine At The Store Bring More Income and Traffic To The Store. With One Employee Capable Of Running The Store, This Is An Ideal Opportunity For A Residual Income While Keeping Your Regular Work And Activities! Don't Miss This Opportunity To Be Your Own Boss!!!

Details

MLS#C11902543
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site15
Listing Provided ByEXP REALTY | Not Provided

Features

SQ Feet711
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 1 hour ago
StateON
CountyToronto
CityToronto C01
Zip CodeM5V 2L8
AreaWaterfront Communities C1
Listing VS Median (in M5V 2L8)
Price:
$150,000
low | high
Med:
$150,000
50% of Average
SqFt:
711
low | high
Med:
711
50% of Average
$ / SqFt:
$211
low | high
Med:
$211
50% of Average
On Site:
15
low | high
Med:
15.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $0 - $0
SqFt: 533 - 889
Listing Updated: January 14, 2025 at 5:30:34 PM PST