263 ft2
Fully Air Conditioned
Other
$149,000
Location, Location, Location! Take over a well-established Subway franchise located in the very busy Gerrard Square Shopping Centre, one of Toronto's highest foot traffic malls! Anchored by big-box stores like Walmart,Home Depot, Winners, Dollarama, Staples, Tim Hortons & KFC, and surrounded by dense residential, commercial, and office buildings. Why This Business? Short Hours: Mall hours (Mon-Fri 10AM-9PM, Sat-Sun 10AM-6PM) allow for a great work/life balance. Low Food Cost: Approx. 26% (per seller). Very Low Rent: Only $4,576.42/month (TMI incl. garbage, gas, water) No Heavy Cooking: Simple operations & full franchisor support. Recently Renovated: Over $80,000 in upgrades & new equipment. Absentee Owner: Great potential for hands-on owner/operator. Long Lease: Until Jan 2030 + two (5-year) renewal options. Franchise Royalties: 8% Royalty + 4.5% Marketing. *Growth Opportunities. Catering Potential: Huge demand from nearby businesses and offices. Hands-on Management: Ideal for family-run or owner-operated businesses to increase sales. Located right on Transit Line: TTC, streetcars & ample mall parking. Please Do Not Visit the Store or Speak to Staff. All Showings by Appointment Only. Perfect For: Subway's Owners, New immigrants, First-time business buyers, Investors looking for a steady cash flow, Entrepreneurs wanting a well-known brand with low overhead and support. (id:63476)
Property Details
|
MLS® Number |
E12582772 |
|
Property Type |
Business |
|
Community Name |
South Riverdale |
|
Parking Space Total |
100 |
Building
|
Appliances |
Freezer, Microwave, Oven |
|
Cooling Type |
Fully Air Conditioned |
|
Heating Type |
Other |
|
Size Interior |
263 Ft2 |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Zoning Description |
Commercial Sale Of Business In Mall |