3 - 148 Spadina Avenue Toronto, Ontario M5V 2L8

$140,000

Excellent Turnkey Opportunity To Own A Busy INS Market Convenience Store In One Of Downtown Toronto's Most Active Corridors! This Well-Established Store Benefits From Exceptional Pedestrian Traffic, surrounded by Chinatown, major entertainment venues, restaurants, hotels, offices, and continuous TTC access including streetcars, buses, and nearby subway connections. The upcoming Ontario Line station beside the store is expected to further increase visibility and customer flow.The business generates approximately $40,000 in average monthly sales plus $1100 lotto commissions monthly and $150 bitcoing machine rent while operating from an efficiently designed 711 sq. ft. space featuring washroom facilities and additional storage area. Current rent is approximately $5,664 per month including TMI, with lease secured until May 2028 plus an additional 5-year renewal option available.Licensed to sell Beer & Wine, this store offers excellent upside potential for an owner-operator looking to increase revenues through extended operating hours, 24/7 operation, hot food service, coffee programs, and additional product lines. The surrounding area remains active year-round with major sporting events, concerts, nightlife, tourism, and downtown business traffic generated by Maple Leafs, Blue Jays, Raptors, and Toronto FC events.A loyal customer base, strong downtown exposure, convenient access to public transit, nearby public parking, and delivery access make this an attractive opportunity for entrepreneurs, families, or investors seeking a profitable urban retail business with future growth potential. Opportunities like this in downtown Toronto are rare - book your private viewing today! (id:49269)

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https://www.realtor.ca/real-estate/29745026/3-148-spadina-avenue-toronto-waterfront-communities-waterfront-communities-c1