250 Browns Line – Toronto, Ontario
For Sale — $63,000
Located on Browns Line, main road connecting Hwy427 and lakeside in Etobicoke. Right between large mature residential and industrial areas. Has dense flow of people and occupies a favorable location. Has about 800 sq ft, an ATM, and a basement. Mainly engaged in groceries, lottery and tobacco. 300 sq ft of open space at front can add new garden business in summer. Space next to cashier allow for new vape business. 5 parking spaces on the side. Monthly rent is $2,100 + TMI ($700 - $800, includes water,), and lease expires in October 2025. Sign a new 5-year lease with landlord. Weekly sales are about $3,500, with groceries at 55% and tobacco at 45%. Lottery's monthly income is about $2,700, ATM's annual income is about $1,800, and Nevada's annual income is $1,500. The store owner operates it alone, with no additional staff. The owner took over the business in 2011 and has been running it for 13 years. There is still a lot of room for growth in the business!
Details
17.00x95.00
W8129894
Property
250 Browns LineToronto, Ontario, Canada
17.00x95.00
W8129894
Listing provided by
REAL ONE REALTY INC.
March 9, 2024
March 9, 2024
Financial
For Sale$63,000
N/A
Location
N/AWithout Property
Convenience/Variety
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