56, Forest Manor, Henry Farm, Toronto, Commercial

MLS® Number C13181822
For Sale   $ 179,000
  • 1200 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Sale Of Business For Sale.

Established ethnic grocery and butcher/meat shop for sale in a high-demand Toronto location at Sheppard & Don Mills. Operating from the base of a busy high-rise condo tower with consistent foot traffic and a loyal repeat customer base. Averaging $1.4M+ in annual gross sales with a peak year exceeding $1.9M - financials verifiable through POS reports and accountant. Approximately 1,200 sq. ft. of well-organized retail space, open 7 days/week, 9AM-11PM. Fully equipped - all chattels owned outright, nothing leased. Two new freezers recently added. Favourable lease at $9,500/month (TMI & HST included) with 4 years remaining plus a 5-year renewal option. Rent increases of just $100/month annually. Supplier agreements fully transferable, no deposits required. No outstanding debts, liens, or license issues. Inventory (~$25,000) available separately. 2 weeks of hands-on training included. Ideal for an owner-operator. Financial statements provided upon execution of NDA.

Cross Street: SHEPPARD AND DON MILLS

Key Facts

  • Days on: 34 days
  • Mls Status: New
  • Lot Type: Unit
  • Garage Type: None
  • Heat Type: Gas Forced Air Open
  • Cooling: Yes
  • Retail Area: 1200 Sq Ft

Location 56, Forest Manor, Henry Farm, Toronto

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Kate Naccarato
Sales Representative 416-779-6085