Dollar And C-Store Store In Ridgeway Plaza For Sale

Description

Business type: convenience retail franchise

Franchise brand: Infinity Mart

Location: Ridgeway Plaza, 3890 Eglinton Ave W, Mississauga, Ontario

Sale type: franchise opportunity

Purchase price: $249,000

Retail space: 1,380 sq. ft.

Location

Site type: retail plaza

Road exposure: Eglinton Avenue West

Residential density: stated as high

Foot traffic: stated as strong

Customer traffic sources: local residents, professionals and commuters

Retail corridor: established

Lease

Lease term: 5 years

Renewal option: additional 5 years

Monthly rent: available on enquiry

Taxes: additional to stated rent

Utilities: additional to stated rent

Inventory

Inventory value: $200,000 to $250,000

Franchise

Monthly fixed royalty: $500

Additional royalty: 5% of retail sales

Training period: 2 weeks

Training cost: $2,500

Transaction details

Possession: 60 days

Operations

Retail concept: convenience store

Store design: established brand format

Operating location: high-traffic retail plaza

Customers

• Local residents
• Professionals
• Daily commuters
• Plaza visitors

Expansion options

• Increase retail sales
• Increase repeat customer activity
• Increase local marketing
• Expand product selection within franchise requirements