2 St Clair Avenue E, Toronto, ON M4T 2T5

$185,000

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Property Description

Great opportunity to own famous retail franchise business "INS Market" located at the Midtown Core: Main floor in Yonge & St Clare Centre; Connect to Subway Station, TTC Stop, Short Hours, Easy Operation, Good Income: Sales $7,500-$8,000/week, Grocery portion 63%-65%, Grocery margin 40%-50%. Tobacco Portion: 35%-37%, Tobacco Margin 12%-15%, LottoCommission: $4,200-$4,500/Month, Excellent Low Rent:$4,294 + Hydro (approx $300/m) + HST, Good Lease. Remarkable N.O.I.(Net Operating Income) Amazing Walking traffic in a busy Indoor Shopping Plaza: Loblaws, Starbucks, Mac Donald's, Banks, Restaurants, Retail stores, Pharmacies, Fitness, More. Addition of Beer and Wine should be a great opportunity for theBuyer(new owner) to increase revenue remarkably.

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Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD..