104 - 380 Dixon Road Toronto, Ontario M9R 1T3

$129,500

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. (id:55460)

Business

Business Type	Retail and Wholesale
Business Sub Type	Convenience store

Property Details

MLS® Number	W13797048
Property Type	Business
Neigbourhood	Kingsview Village-The Westway
Community Name	Kingsview Village-The Westway
Amenities Near By	Highway, Public Transit
Features	Elevator

Building

Age	51 To 99 Years
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	1,500 Sqft
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Highway, Public Transit
Zoning Description	Commercial

https://www.realtor.ca/real-estate/30293244/104-380-dixon-road-toronto-kingsview-village-the-westway-kingsview-village-the-westway