33 Bloor Street E Unit 12, Toronto, ON M4W 3H1

Property Description

New York News profitable business in high-traffic location with little to no nearby competition. Located in the retail corridor connecting One Bloor Condos and Yonge-Bloor Subway Station, surrounded by offices, residential towers, and commercial businesses. Weekly sales of approximately $10,000 (as per seller) Low 25% Cigarettes Sales,75% of Sales from high-margin products such as Beverages & Snacks WITH 60% Profit, Additional income from PUDO parcel services & Bounce & Lotto commissions of approximately $2,500/month. Low Rent & TMI & hydro only $4,247/month, and a long lease until 2034. Easy one-person operation with low franchise royalty and advertising fees . Fully licensed including Beer/Wine, Currently absentee-owner. Excellent opportunity for an owner-operatorto increase sales by extending hours and opening 7 days a week. No franchisor restrictions on sourcing or purchasing products.