ON
Toronto (Waterfront Communities)
M5V2L8
148 Spadina Avenue 3
148 Spadina Avenue 3, Toronto (Waterfront Communities), ON M5V2L8
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Listing Type
Commercial/Industrial
Listing Status
Active
24
$139,000

Home Details for 148 Spadina Avenue 3

Price
$139,000
Type
Commercial Sale
Listing #
C13486302
Property Description

Prime Location! Prime Opportunity! Own a Thriving INS Market Franchise in Downtown Toronto! An exceptional opportunity to own a well-established INS Market Franchise located at the high-demand intersection of Spadina Ave & Richmond St. W., right in the heart of downtown Toronto's vibrant Chinatown district. This store benefits from extremely high pedestrian traffic, TTC access at the doorstep, and a new subway station under construction directly across the street, making this location even more valuable for future growth. Surrounded by popular restaurants, hotels, offices, and residential buildings, the store enjoys a loyal customer base built over years of excellent service. Business Highlights: * Strong monthly sales of approximately $66,000-$70,000 including Lotto (as per seller) * Weekly average sales approximately $17,000 * Daily average sales approximately $2,000-$2,400 including Lotto * Lotto commission approximately $2,500-$4,000/month, helping cover a significant portion of rent * Recently added alcohol and wine sales, creating additional revenue opportunities * Low monthly rent of approximately $5,900 including TMI and utilities * Inventory replenishment approximately $1,500 bi-weekly* Spacious 750sq. ft. layout with employee washroom and additional storage space* Lease secured until May 22, 2028, with renewal options available (subject to landlord discussion)This is a rare chance to own a profitable convenience store business in one of Toronto's most desirable and high-traffic locations. Dedicated loading dock at the back of the store. A perfect opportunity for an entrepreneur looking to become their own boss with a proven business model and strong earning potential. Location matters - and this location delivers! Don't miss this incredible opportunity! (id:31684)

Property Features
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Listing Courtesy: ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM
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2862 Lakeshore Blvd West, Etobicoke, ON M8V 1H9
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