380, Dixon, Kingsview Village-The Westway, Toronto, Commercial
- 1500 SQFT
Description
Commercial Sale Of Business For Sale.
Rare opportunity to acquire a 25+ year established neighborhood convenience store in a highly concentrated residential location in Etobicoke. The store is strategically located between three condominium buildings with 850+ residential units, creating a strong built-in neighborhood customer base and consistent demand for everyday convenience products.The business has also demonstrated significant sales growth under the current ownership. Sales have since grown to approximately $6,500-$6,700 per week, despite the store operating only 6 days per week and being closed every Sunday. Only ~26% cigarette sales, Beer & Wine Sales growing month over month due to recent closure of beer store, creating increased demand and customer traffic. OLG Lotto + ATM income of approximately $1,300/month, Only $2,500/month rent including TMI, HST and utilities, Printing and passport-photo services recently added, Fully turnkey operation with a well-stocked inventory of groceries, household essentials, snacks, beverages, ice cream, and everyday convenience products. Opportunity for the Next Owner: A buyer is acquiring more than just inventory and equipment - they are acquiring a 25+ year established location, an existing customer base, proven sales growth and a very low occupancy cost. Current Lease: 2+5 years. There is also further upside through continued development of liquor sales, higher-margin products, additional services and potentially expanding operating hours.
Community Features: Major Highway, Public Transit
Cross Street: Kipling Ave and Dixon Rd
Key Facts
- Days on: 0 days
- Mls Status: New
- Lot Type: Unit
- Garage Type: None
- Heat Type: Gas Forced Air Closed
- Cooling: Yes
- Building Area Total: 1500 Square Feet
- Retail Area: 1500 Sq Ft
Location 380, Dixon, Kingsview Village-The Westway, Toronto
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