979 sqft
Fully Air Conditioned
Forced Air
$224,900
Very busy convenience store inside Albion Mall & can open outside of standard mall hours and on long weekends. Great location .... At a busy albion mall entrance (two entrances), good visibility and foot traffic. Gross Monthly Sales approx. $50,000-$55,000 . Lottery commission approx. $6,500 to $6,800 monthly and growing. Cigarette rebates about $500 to $600/month. Additional income streams (approx. $600 to $700) from Bitcoin, ATM, and PUDO (pick-up and drop-off) services. Rent: $6,931.51/month including TMI (Taxes, Maintenance, Insurance) & HST. Lotto commission covers rent + utilities. There's huge potential to add beer & wine sales, key cutting, money transfer service which could significantly raise revenues. As lottery commissions and other side incomes are growing, there may be further room to expand other revenue-streams or optimize operations. (id:41954)
Business
Business Type
|
Retail and Wholesale |
Business Sub Type
|
Convenience store |
Property Details
MLS® Number
|
W12435385 |
Property Type
|
Business |
Community Name
|
Mount Olive-Silverstone-Jamestown |
Building
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Electric |
Heating Type
|
Forced Air |
Size Interior
|
979 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
50 Ft |
Size Frontage
|
20 Ft |
Size Irregular
|
20 X 50 Ft |
Size Total Text
|
20 X 50 Ft |
Zoning Description
|
Commercial |
https://www.realtor.ca/real-estate/28931200/37a-1530-albion-road-toronto-mount-olive-silverstone-jamestown-mount-olive-silverstone-jamestown