Located just next to the bus stop, this business has been under the same ownership for nearly a decade and the owner is now looking to retire. The lease for the property is for 2.5 years with the option to renew for 2 additional 5-year terms. The gross rent, including TMI, is $4525 per month, with weekly sales averaging $9500. Cigarette sales account for 38% of the total sales, while lottery sales bring in an additional $3900 per month. The business also generates other income from sources such as bitcoin, advertising, and ATM fees, totaling $1600 per month. As a result, the monthly net income exceeds $10,000.
Additional features of the property include a full basement that is currently used for storage. The property is now listed for sale and is situated at 3829 Lake Shore Blvd W in the city of Toronto, Ontario, with the postal code M8W1R2. It is located in the community of Long Branch and includes one bathroom. The heating system for the property is provided by baseboard heaters.