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$ 149,999
Est. payment | /mo
890 SqFt
$ 149,999
Est. payment | /mo
890 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 890 sqft
Price per Sqft $168
Subdivision University
MLS Listing ID C12152479
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
This is a rare chance for investors or aspiring small business owners to acquire a well-established and successfully operating franchise that has been serving the community for over 20 years.Prime Location, Situated in a high-traffic area next to the University of Toronto, a major museum, and several large hotels. Excellent walk-in traffic and storefront parking.Strong Monthly Sales: Approx. $45,000/month in revenue.Low Fixed Royalty: Only $910/month.Efficient Staffing: Operated by 2 employees with a combined monthly salary of $5,000.All-Inclusive Rent: Monthly rent of $7,510, including TMI, HST, water, and utilities.Positive Cash Flow: Generates approx. $4,000/month in profit with room to grow.Expansion Potential: Seller has already invested $15,000 as a deposit to the franchisor for expanding the liquor stock area, benefiting the new owner.This is a turnkey operation with stable income, located in one of the most sought-after areas in the city. Ideal for both seasoned investors and first-time business buyers looking to step into a proven and profitable setup with potential for further growth.
Location
Province ON
County Toronto
Community University
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features No
Listed by RE/MAX REALTY SERVICES INC.
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