Excellent opportunity to own a restaurant and convenience store within the busy Ontario Food Terminal, benefiting from substantial daily foot traffic. Serving Canadian and Indian cuisine, the business generates revenue through food, cigarette and lottery sales. Reported weekly sales range from $6,000 to $7,000, including food and cigarettes, with an additional $2,500 in monthly lottery commissions. Currently operating 45 hours per week, the business offers potential to increase sales through extended operating hours. There is an opportunity to get LLBO license. Monthly rent of $2,750.06 includes heat, electricity, quarterly pest control, fire safety, TMI and GST. An attractive opportunity for an owner-operator seeking a business with multiple revenue streams in a busy commercial location. (id:13843)
| MLS # | W13880516 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 11 |
| Listing Provided By | HOMELIFE/MIRACLE REALTY LTD | PARIN CHOKSI |
| SQ Feet | 570 |
|---|---|
| Zoning | Commercial |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 0 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Stonegate-Queensway) |
| Postal Code | M8Y1H8 |
| Listing VS Median (in M8Y1H8) | |
Price: $249,999 low | high Med: $249,999 sqft: 570 low | high Med: 570 $ / sqft: $439 low | high Med: $439 On site: 11 low | high Med: 11 | |
| Province | ON |
|---|---|
| City | Toronto (Stonegate-Queensway) |
| Postal Code | M8Y1H8 |
| Listing VS Median (in M8Y1H8) | |
Price: $249,999 low | high Med: $249,999 sqft: 570 low | high Med: 570 $ / sqft: $439 low | high Med: $439 On site: 11 low | high Med: 11 | |