104 - 380 Dixon Road,Toronto (Kingsview Village-The W, ON M9R1T3
Toronto (Kingsview Village-The W, ON M9R1T3
Description
Rare opportunity to acquire a 25+ year established neighborhood convenience store in a highly concentrated residential location in Etobicoke. The store is strategically located between three condominium buildings with 850+ residential units, creating a strong built-in neighborhood customer base and consistent demand for everyday convenience products.The business has also demonstrated significant sales growth under the current ownership. Sales have since grown to approximately $6,500-$6,700 per week, despite the store operating only 6 days per week and being closed every Sunday. Only ~26% cigarette sales, Beer & Wine Sales growing month over month due to recent closure of beer store, creating increased demand and customer traffic. OLG Lotto + ATM income of approximately $1,300/month, Only $2,500/month rent including TMI, HST and utilities, Printing and passport-photo services recently added, Fully turnkey operation with a well-stocked inventory of groceries, household essentials, snacks, beverages, ice cream, and everyday convenience products. Opportunity for the Next Owner: A buyer is acquiring more than just inventory and equipment - they are acquiring a 25+ year established location, an existing customer base, proven sales growth and a very low occupancy cost. Current Lease: 2+5 years. There is also further upside through continued development of liquor sales, higher-margin products, additional services and potentially expanding operating hours. (id:374)
Details
| MLS # | W13797048 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 38 |
| Listing Provided By | HOMELIFE/MIRACLE REALTY LTD | NEEL SARAIYA |
Features
| SQ Feet | 1,500 |
|---|---|
| Zoning | Commercial |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Elevator |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Kingsview Village-The W |
| Postal Code | M9R1T3 |
| Listing VS Median (in M9R1T3) | |
Price: $129,500 low | high Med: $129,500 sqft: 1,500 low | high Med: 1,500 $ / sqft: $86 low | high Med: $86 On site: 38 low | high Med: 38 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Kingsview Village-The W |
| Postal Code | M9R1T3 |
| Listing VS Median (in M9R1T3) | |
Price: $129,500 low | high Med: $129,500 sqft: 1,500 low | high Med: 1,500 $ / sqft: $86 low | high Med: $86 On site: 38 low | high Med: 38 | |