Corner about 3000 sqft grocery/convenience store with a lot of potentials

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Corner about 3000 sqft grocery/convenience store with a lot of potentials

For Sale $ 175,000
LOCATION: Toronto Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Convenience Stores & Lotto Businesses For Sale | Grocery Stores & Delis for Sale
LISTING TYPE: Convenience Stores for Sale | Supermarkets for Sale | Variety Stores for Sale

Weekly sales $14,000, 20% cigarettes with 15% profit margin. Grocery 80%. Lottery commission over $25,000 a year. Rent $4,800 + HST + property tax . 5+5 year lease. The tenant can sublet part of the store. 8 parking spaces are available. There is a lot of potential here if the buyer starts to sell flowers and vegetable again since the owner could do over 50k weekly sales before.

Vicky Pan Broker AimHome Realty Inc., Brokerage