2404, Eglinton, Ionview, Toronto, Commercial
- 1400 SQFT
Description
Commercial Sale Of Business For Sale.
Location Kennedy & Eglinton, which is in Scarborough, part of Toronto. That is a busy corridor with solid foot traffic, transit access, and dense residential areas-so the "high traffic" claim is plausible. Breaking down the income claims The listing mixes revenue and extra income streams, which can be misleading. Base sales: $16,000/week ? $64,000/month revenue. But revenue ? profit. Convenience stores often have: Cigarettes: ~5-10% margins. Lotto: commissions only. Snacks/drinks: higher margins (20-40%) A realistic blended net margin might be 10-20% before expenses. Additional income" (monthly approx.). Photocopy/print: $500. Key & fob: $600. Coffee/snacks: ATM: Total: ~$2,950/month. 1. Rent & lease terms, High-traffic corners = high rent. You need: Monthly rent, Lease length + renewal options, Any rent escalations. 2. Operating costs: Utilities (fridges/freezers run 24/7), Staff wages (if not fully family-run), Inventory shrinkage/theft, Insurance. 3. Hours & workload: Open longer hours to make more, You'll likely be working very long days unless you hire staff (which cuts profit). Alcohol license.
Community Features: Public Transit, Subways
Cross Street: Kennedy Rd and Eglinton Ave. East
Key Facts
- Days on: 6 days
- Mls Status: New
- Lot Type: Unit
- Garage Type: None
- Heat Type: Gas Forced Air Open
- Cooling: Yes
- Building Area Total: 1400 Square Feet
- Retail Area: 1400 Sq Ft
Location 2404, Eglinton, Ionview, Toronto
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