120 Lombard Street, Toronto C08, ON M5C 3H5

Excellent downtown location on Jarvis Street, corner on Jarvis /Richmond Street, surrounded by high rise condos and lots of walking traffic. Profit making with Lotto, key fobs, grocery, alcohol, beer, Cig, and Bitcoin. Rent $4503 incl TMI. Net monthly profit is Appx $7500 after paying $1000 to employee for working on week ends. Monthly sales $27000 and improving, Cig $6500, key fobs sales $7000( $6000 profit),beer, alcohol, soft drinks $4800( profit 1680), grocery $3700, Snacks and chocolate $1400, Dairy $800, Misc sale $2000 , Atm, Bitcoin, Western Union, passport photos, parcel pick up makes $825. Fobs and key cutting profit covers all store expenses. Appx 220 sqft space 4 steps up is subleased for $1500 on monthly basis and running sim cards, cell phone (used and new), Rio and money gram business. Lease will be terminated on closing giving opportunity for buyer of this location to run same business (location is approved for Sim card, cell phones, used items sale and Rio, Money gram) or sublease (please see pictures). Coffee tea service could be added for high traffic place. Inventory cost is extra. Please call 4165648140 for more details.

Details

MLS® Number
C12283274

Property Size
1036 Sqft