Downtown Toronto Convenience Store For Sale

Description

Business type: convenience retail franchise

Franchise brand: Infinity Mart

Location: St. Clair Avenue West, Toronto, Ontario

Current status: franchise retail opportunity

Purchase price: $100,000

Premises

Retail space: 870 sq. ft.

Location type: active commercial corridor

Pedestrian exposure: stated as excellent

Vehicle exposure: stated as excellent

St. Clair streetcar line: directly accessible

Market

Surrounding residential apartments: established

Schools: nearby

Local businesses: nearby

Daily commuter traffic: active

Residential customer base: stated as strong

Licensing and approvals

Beer sales approval: in place

Wine sales approval: in place

OLG approval: in place

Regulated product sales: beer and wine

Applicable licensing and regulatory requirements: subject to provincial and federal laws

Lease

Lease term: 5 years

Renewal option: additional 5 years

Lease terms: stated as attractive

Inventory

Inventory opportunity: available

Inventory inclusion in purchase price: not stated

Transaction details

Possession: available in 60 days

Potential buyers

• Experienced retail operators
• First-time business owners
• Owner-operators
• Convenience retail investors