Prime Downtown Toronto Convenience Store Opportunity For Sale

Description

Business type: convenience retail franchise

Franchise brand: Infinity Mart

Location: Cabbagetown, downtown Toronto, Ontario

Current status: franchise retail opportunity

Asking price: $125,000

Inventory

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

Inventory: additional to the asking price

Location and market

Neighbourhood: urban residential and commercial

Walkability: stated as high

Daily foot traffic: stated as strong

TTC connectivity: stated as excellent

Residential customer base: established

Apartments: nearby

Schools: nearby

Parks: nearby

Local businesses: nearby

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

Franchise

Franchise brand: established

Potential buyers

• Owner-operators
• Convenience retail operators
• Franchise buyers
• Retail investors