Situated at the busy intersection of Jarvis and Carlton, this well-established convenience store presents an excellent opportunity for buyers seeking a profitable, turnkey business in the heart of downtown Toronto. Operating as a dedicated variety store for decades, the business has built a strong reputation and loyal customer base within the local community. The store has been recently renovated and upgraded with leasehold improvements to serve fast food due to high demand by customers, and has the potential to operate as a cloud kitchen as this business provides clientele with a well established kitchen fit with 3 sinks. Additional revenue streams include OLG/Lotto commissions and an on-site ATM. Passport photo and key-cutting services can be added as secondary revenue streams. The purchase price includes existing inventory, equipment, and leasehold improvements, allowing a new owner to seamlessly take over operations from day one. The sellers are unable to continue managing the business due to personal life reasons, creating a great opportunity for the next owner to step into well-performing and established operations. The seller will provide all supplier and financial details upon due diligence. Please do not go directly to the store. Sellers will provide financials during buyers due diligence.
Address
97 Carlton Street
List Price
$125,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Toronto C08
Sub-Area
Church-Yonge Corridor
Region
Toronto
Lot Type
Unit
Lot Size Units
Feet
Total Building Area
600
Occupant Type
Owner
Cross Street
Jarvis x Carlton
MLS® Number
C13148172
Listing Brokerage
PROPERTY.CA INC.
Basement
No
Postal Code
M5B 1M1
Posession Details
Immediate possession available
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Radiant
Cooling Features
No
Garage Type
None
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