7
2480 Gerrard Street E
$200,000 Sale
Listed 6 hours ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 2480 Gerrard Street E
Key Facts
Key facts for 2480 Gerrard Street E
Property Type
Commercial
Parking
Plaza
MLS #
E12421747
Size
-
Basement
-
Listed on
2025-09-23
Lot size
0 x 0.0
Tax
-
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
Business for Sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy Plaza with McDonald, Tim Hortons and freshCo, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfec...t for entrepreneurial growth. Current average weekly sales are approximately $13,000 (with about 40% from cigarettes), plus lottery commissions of $6,000/month And another $1,000 from ATM, Bitcoin, Cig. rebate and Cig. cartoon sale), Operating costs are low, averaging $1,000/month for utilities and other expenses. A brand-new 5+5 year lease is in place at $5.797.73/month net-net rent. The business currently operates limited hours (7 AM-10 PM), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity, offering growth potential and a solid foundation. Current owner run this business for 28 Years and he only worked from 7Am-2:30Pm Monday to Friday.
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Courtesy of: HOMEART REALTY SERVICES INC.