148 Spadina Ave, Toronto, Ontario M5V 2L8

  • $119,000
148 Spadina Ave, Toronto, Ontario M5V 2L8
Active
148 Spadina Ave, Toronto, Ontario M5V 2L8
  • $119,000

Overview

Property ID: C8354402
  • Commercial Sale, Business
  • Property Type
  • 711
  • Sqft

Description

Location! Location! Location! First Time On MLS, INS Market Franchise Business For Sale at Spadina Ave & Richmond St. W., Busy Intersection in The Heart of Downtown Toronto’s China Town With High Foot Traffic, TTC At The Door Step. Surrounded By High Profiles Restaurants, Hotels And Office Buildings. Loyal Customers For Years. Making Money! Low Monthly Rent of Roughly $6000 Including TMI and Utilities. Monthly Sales Of About 66k to 70k Including Lotto (per seller). Weekly average sales of 17k and Daily Average Sales $2500 to $3000 Including Lotto (per seller). Lotto Commission Between $2500 – $4000/ month Pays Half of The Rent!!!. Inventory Top Up / Replenishment of About $1500 Bi-Weekly. Lease has 4 More Years Left Until May 22, 2028 (New Owner To Discuss Lease Extension Options With Landlord). Large Area of 711sq. Comes With Employees Washroom And Extra Storage For Cigarettes And Others. Opportunity To Make Even More Money By Adding A Coffee Machine! Seller Moving Out Of Province. Don’t Miss This Opportunity To Be Your Own Boss!!!

  • Address 148 Spadina Ave
  • City Toronto
  • State/county Ontario
  • Zip/Postal Code M5V 2L8
  • Area Waterfront Communities C1

Details

Updated on June 22, 2024 at 9:05 pm
  • Property ID: C8354402
  • Price: $119,000
  • Property Size: 711 Sqft
  • Garage Size: x x
  • Property Type: Commercial Sale, Business
  • Property Status: Active
  • MLS#: C8354402

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