New Convenience Store Toronto Prime Location For Sale

Description

Business type: convenience store

Business name: Infinity Mart

Location: Fort York / CityPlace, Downtown Toronto, Ontario

Current status: established operating business

Operating setup: turnkey

Purchase price: $140,000

Premises size: approximately 800 sq. ft.

Inventory value: approximately $75,000 to $100,000+

Licensing

Beer and wine approval: in place

Location

Market area: downtown Toronto

Pedestrian traffic: stated as high

Walk Score: 98/100

TTC access: nearby

Major residential towers: nearby

Condominium developments: surrounding area

Residential community: expanding

Customer traffic sources: local residents, professionals, students and commuters

Premises and assets

Retail concept: modern convenience store

Storefront visibility: stated as high

Retail equipment: included

Business setup: fully equipped

Lease

Lease terms: recently reduced

Current lease amount: not specified

Customers and market

Customer base: convenience-focused retail customers

Transit-oriented market: established

Residential customer base: supported by surrounding condominium developments

Potential buyers

• Owner-operators
• Convenience store operators
• Retail entrepreneurs
• Investors