Gateway Market Convenience Store For Sale

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Gateway Market Convenience Store For Sale - 16 York St, Toronto, ON

For Lease $ 190,000
LOCATION: Toronto Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Convenience Stores & Lotto Businesses For Sale | Retail Businesses for Sale | Smoke & Vape Shops for Sale
LISTING TYPE: Convenience Stores for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Variety Stores for Sale

16 York, situated at one of downtown Toronto’s most visible and strategic corners, is conveniently connected to the City’s underground PATH network via neighbouring Maple Leaf Square. Its connection to the City’s underground PATH network provides tenants with convenient year-round access to an abundance of transit and amenity options.

16 York is surrounded by one of Canada’s most dynamic and prosperous communities. In addition, it is just a short walk to some of Canada’s most in-demand entertainment venues and events.

An excellent opportunity awaits you to make this the next Gateway convenience franchise to service and satisfy the 24/7 demands of the growing residential and office populations.

Size: 468 sq. ft. approximately
Type: Office/Condo tower
Term: 7 Years
Royalty: 3.5% of Tobacco, General Merchandise, and Food, 10% of Lottery
Commissions
Franchise Fee: $30K+HST
Monthly Rent: $3,400/mo +HST, including TMI, excluding Utilities

$145,000 - 190,000
*Construction & Equipment estimate varies by size & space condition
*Inventory estimate $15,000 – 35,000; varies by store size and categories