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Property at 262 BLOOR STREET image 1
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50

$139,999

262 BLOOR STREET
Toronto, Ontario, Ontario, M5S1V8

MLS® Number: C12278514
Listed 17 days ago

Property description

This is a rare chance for investors or aspiring small business owners to acquire a well-established and successfully operating franchise that has been serving the community for over 20 years.Prime Location, Situated in a high-traffic area next to the University of Toronto, a major museum, and several large hotels. Excellent walk-in traffic and storefront parking.Strong Monthly Sales: Approx. $45,000/month in revenue.Low Fixed Royalty: Only $910/month.Efficient Staffing: Operated by 2 employees with a combined monthly salary of $5,000.All-Inclusive Rent: Monthly rent of $7,510, including TMI, HST, water, and utilities.Positive Cash Flow: Generates approx. $4,000/month in profit with room to grow.Expansion Potential: Seller has already invested $15,000 as a deposit to the franchisor for expanding the liquor stock area, benefiting the new owner.This is a turnkey operation with stable income, located in one of the most sought-after areas in the city. Ideal for both seasoned investors and first-time business buyers looking to step into a proven and profitable setup with potential for further growth.

Building information

Cooling Type

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Heating Fuel

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Heating Type

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Size Interior

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Utility Water

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Land information

Courtesy of RE/MAX REALTY SERVICES INC.

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