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Unit F2 1000 Gerrard Street E Toronto E01 ON M4M 3G6
Price $ 149,000
Listing ID E12582772
Property Type Sale Of Business
County Toronto
Neighborhood South Riverdale
House Size 263
Days on website 30
Description
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.
Location
Financial Information
List Price: $ 149000
Property Features
Air Conditioning: Yes
Garage Type: Outside/Surface
Heat Type: Other
Sprinklers: Yes
Utilities: Available
Listed By:     CENTURY 21 HERITAGE GROUP LTD. 
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