3 - 148 Spadina Avenue Toronto, Ontario M5V 2L8

$139,000

Prime Location! Prime Opportunity! Own a Thriving INS Market Franchise in Downtown Toronto! An exceptional opportunity to own a well-established INS Market Franchise located at the high-demand intersection of Spadina Ave & Richmond St. W., right in the heart of downtown Toronto's vibrant Chinatown district. This store benefits from extremely high pedestrian traffic, TTC access at the doorstep, and a new subway station under construction directly across the street, making this location even more valuable for future growth. Surrounded by popular restaurants, hotels, offices, and residential buildings, the store enjoys a loyal customer base built over years of excellent service. Business Highlights: * Strong monthly sales of approximately $66,000-$70,000 including Lotto (as per seller) * Weekly average sales approximately $17,000 * Daily average sales approximately $2,000-$2,400 including Lotto * Lotto commission approximately $2,500-$4,000/month, helping cover a significant portion of rent * Recently added alcohol and wine sales, creating additional revenue opportunities * Low monthly rent of approximately $5,900 including TMI and utilities * Inventory replenishment approximately $1,500 bi-weekly* Spacious 750sq. ft. layout with employee washroom and additional storage space* Lease secured until May 22, 2028, with renewal options available (subject to landlord discussion)This is a rare chance to own a profitable convenience store business in one of Toronto's most desirable and high-traffic locations. Dedicated loading dock at the back of the store. A perfect opportunity for an entrepreneur looking to become their own boss with a proven business model and strong earning potential. Location matters - and this location delivers! Don't miss this incredible opportunity! (id:55460)

Business

Business Type	Retail and Wholesale
Business Sub Type	Convenience store
Name	INS Market / The Morgan

Property Details

MLS® Number	C13486302
Property Type	Business
Community Name	Waterfront Communities C1
Amenities Near By	Public Transit
Parking Space Total	1

Building

Cooling Type	Fully Air Conditioned
Heating Type	Forced Air
Size Exterior	750 Sqft
Size Interior	750 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Zoning Description	Commercial

https://www.realtor.ca/real-estate/29949925/3-148-spadina-avenue-toronto-waterfront-communities-waterfront-communities-c1