Gateway Market Convenience Store For Sale - 2363 Danforth Ave. Unit #5, Toronto, ON

Featured

Gateway Market Convenience Store For Sale - 2363 Danforth Ave. Unit #5, Toronto, ON - Danforth Village

For Lease $ 210,000
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

The Danny is located in the heart of the east end of Toronto; in vibrant Danforth Village. Home to charming family neighbourhoods, greenery, and culture, this highly-coveted area has experienced significant growth while still maintaining its character. The Danny has over 140 occupied units and benefits from maximum exposure along Danforth and a well positioned tenant mix supported by locals and surrounding areas including The Upper Beaches, The Beaches, Leslieville and Scarborough. This new Gateway Market is an excellent franchise opportunity for tobacco, lottery, convenience items, prepared meals, and light grocery.

Size: 589 sq. ft. approximately

Type: Condominium building

Term: 5 Years with 5 Year Option

Royalty: 3.5% of Tobacco, General Merchandise, and Food + 10% of Lottery Commissions +HST

Franchise Fee: $30K +HST

Gross Rent: $3,681.25/mo +HST including TMI, excluding Utilities

$145,000 - 210,000

*Construction & Equipment estimate varies by size & space condition

*Inventory estimate $15,000 – 35,000; varies by store size and categories