Profitable Variety And Gift Shop In Toronto For Sale

Description

Business type: grocery and gift store

Location: Toronto Chinatown, Ontario

Trading history: more than 20 years

Current status: established operating business

Products

• Groceries
• Gift items

Customers

Local customer base: established

Tourist customer traffic: established

Repeat customers: established

Suppliers

Supply channels: established

Product costs: stated as low

Profit margins: stated as high

Financial information

Asking price: $128,000

Annual profit: approximately $150,000

Inventory

Inventory value: approximately $80,000 to $100,000

Inventory: excluded from the asking price

Inventory purchase: separate

Location

Trading area: Toronto Chinatown

Foot traffic: strong

Tourist activity: established

Operations

Operating setup: turnkey

Market factors

2026 World Cup: expected to increase local visitor traffic

Reason for sale

Owner: retiring

Potential buyers

• Owner-operators
• Retail entrepreneurs
• Grocery operators
• Gift store operators