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Owner sells well run profitable convenience store Toronto TTC

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Business For Sale
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1318
Posted on
19 November 2017
( 240 days ago )

Owner sells well run profitable Toronto GTA convenience store
Very well established convenience store for 40 years. Present owner running it for 5 years with two employees. New renovation made it looks beautiful and neat. Next to TTC station, Pizza store, high school, with very heavy traffic. Busy street with front & rear parking.

Revenue
Sales: $6,000 to $6,500/Week, Cigarette is only 35%
The store always hires two cashers. Absolutely huge potential to increase sales if buyers run this store by themselves or by adding flowers. Previous owner was selling flowers with great profit margin; both front door and back yard have large space for flowers.

Lottery commission: $2,600 to $3,300/month
TTC and Nevada commission: $100/month

Expenses:
Rent (including TMI and HST) $2,530/month,
Lease: 5+5 year, store size: 1,600 square feet
Hydro: $500/month
Lottery can fully cover rent and hydro

Asking: $79999
Please call Julia: 416-319-3315