Rare opportunity to acquire a 25+ year established neighborhood convenience store in a highly concentrated residential location in Etobicoke. The store is strategically located between three condominium buildings with 850+ residential units, creating a strong built-in neighborhood customer base and consistent demand for everyday convenience products.The business has also demonstrated significant sales growth under the current ownership. Sales have since grown to approximately $6,500-$6,700 per week, despite the store operating only 6 days per week and being closed every Sunday. Only ~26% cigarette sales, Beer & Wine Sales growing month over month due to recent closure of beer store, creating increased demand and customer traffic. OLG Lotto + ATM income of approximately $1,300/month, Only $2,500/month rent including TMI, HST and utilities, Printing and passport-photo services recently added, Fully turnkey operation with a well-stocked inventory of groceries, household essentials, snacks, beverages, ice cream, and everyday convenience products. Opportunity for the Next Owner: A buyer is acquiring more than just inventory and equipment - they are acquiring a 25+ year established location, an existing customer base, proven sales growth and a very low occupancy cost. Current Lease: 2+5 years. There is also further upside through continued development of liquor sales, higher-margin products, additional services and potentially expanding operating hours.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.