Lotto Shop with Variety Shop of the Busiest Mall in North York

For Sale $ 329,000
LOCATION: Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Convenience Stores & Lotto Businesses For Sale | Vending & Kiosk Businesses for Sale
LISTING TYPE: Lotto Businesses for Sale | Lotto Businesses for Sale

Space: 105 sqft

Annual Lotto Commission: $150,000 ~ $180,000 per year

Cigarettes Sales: $620,000 per year and 10% margin

Grocery Sales: $60,000 per year and 30% margin

Extra Income: $8,000 per Year from Tobacco Company Rebate

Lease: until the end of Jan 2026 and every 5 years to be renewed

Low Rent: $2,400/month (TMI, HST Inclusive)

Hydro:

Phone& Internet:

INS Royalty: 1% of Lotto Sales & a flat fee of $600 per month.

Open Hours; Mon-Fri: 8:30 am - 8:00 pm/ Sat: 9:00 am - 6:00 pm/ Sun: 9:00 am - 5:00 pm

What a amazing business with Price here!! The INS Lotto Shop is located in a prime spot within the highly popular North York Bayview Village Mall, situated at the entrance of the busiest Loblaws Supermarket inside the mall. This business offers a high Lotto commission and low rent, ensuring a high and stable income. It is an easy-to-operate business with short operating hours, making it highly efficient. Anyone can easily manage the store, and it is a rare and exclusive business that is hard to find these days.

Cigarette sales are $620,000 (10% Margin) per year, and Grocery Sales are $60,000 (30% Margin) per year. Cigarette & Grocery Profit covers all expenses. The Existing Lease is until Jan 31, 2026, and will be renewed every five years. The motivated seller wants to sell because of his health issue.