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2052 Danforth Avenue, Toronto (Danforth), ON M4C1J6
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$198,000
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Home Details for 2052 Danforth Avenue
Price
$198,000
Type
Commercial/Industrial
Total Bathrooms
1
Listing #
E12399326
On exitrealty.com
127 days
Property Description
Motivated seller offering a high-profit grocery store for sale in one of Toronto busiest areas. This store is located on a prime street surrounded by subway stations, banks, restaurants, Pizza Pizza, and many other businesses, ensuring consistent high foot traffic. The business generates monthly gross sales of approximately $36,000 with 50 to 60% profit margins, plus an additional $1,000 to $1,500 in lotto commissions. The store is well equipped with a 10 x 12 ft walk-in cooler, multiple small fridges, and a basement for storage purposes. With low rent and a secure lease term of 3 + 5 years remaining, the business offers stable income and strong cash flow. There is also significant potential for growth a new owner can expand services by adding tobacco, liquor, and other convenience items. This is a turnkey opportunity in a highly desirable location with proven profitability. Don't miss your chance to own a thriving business in the heart of Toronto. (id:31684)
- Heating Information
- Forced Air
- Electric
Listing Courtesy: ROYAL LEPAGE TERRA REALTY
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$198,000
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EXIT REALTY LEGACY, BROKERAGE
1450 Clark Ave W. Unit 25, Thornhill, ON L4J 7R5