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F2 - 1000 Gerrard Street E Toronto (South Riverdale), Ontario M4M 3G6

263 sqft
Fully Air Conditioned Other

$189,000

Location, Location, Location!Take over a well-established Subway franchise located in the very busy Gerrard Square Shopping Centre, one of Torontos highest foot traffic malls! Anchored by big-box stores like Walmart,Home Depot, Winners, Dollarama, Staples, Tim Hortons & KFC, and surrounded by dense residential, commercial, and office buildings.Why This Business?Short Hours: Mall hours (Mon Fri 10 AM9 PM, Sat Sun 10 AM6 PM) allow for a great work/life balance Low Food Cost: Approx. 26% (per seller)Very Low Rent: Only $4,576.42/month (TMI incl. garbage, gas, water)No Heavy Cooking: Simple operations & full franchisor support Recently Renovated: Over $80,000 in upgrades & new equipment Absentee Owner: Great potential for hands-on owner/operator Long Lease: Until Jan 2030 + two (5-year) renewal options Franchise Royalties: 8% Royalty + 4.5% Marketing*Growth Opportunities Catering Potential: Huge demand from nearby businesses and offices Hands-on Management: Ideal for family-run or owner-operated businesses to increase sales Located right on Transit Line: TTC, streetcars & ample mall parking Please Do Not Visit the Store or Speak to Staff. All Showings by Appointment Only.Perfect For:Subway's Owners New immigrants First-time business buyers Investors looking for a steady cash flow Entrepreneurs wanting a well-known brand with low overhead and support (id:41954)

Property Details

MLS® Number E12368261
Property Type Business
Community Name South Riverdale
Parking Space Total 100

Building

Appliances Freezer, Microwave, Oven
Cooling Type Fully Air Conditioned
Heating Type Other
Size Interior 263 Sqft
Utility Water Municipal Water

Land

Acreage No
Zoning Description Commercial Sale Of Business In Mall

https://www.realtor.ca/real-estate/28786044/f2-1000-gerrard-street-e-toronto-south-riverdale-south-riverdale

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