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$189,000
2 Days On Site

F2 - 1000 GERRARD STREET E
Toronto (South Riverdale), ON M4M3G6

For Sale|Business|Active
0
Beds
0
Total Baths
263
SqFt
$719
/SqFt
Subdivision:
South Riverdale
County:
Call Now: 1-877-888-3131
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1-877-888-3131
F2 - 1000 GERRARD STREET EF2 - 1000 GERRARD STREET EF2 - 1000 GERRARD STREET EF2 - 1000 GERRARD STREET E
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Monthly Payment (Est.)

$862
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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 10 AM-9 PM, Sat-Sun 10 AM-6 PM) 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:31684)

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Listing Snapshot
Price 
$189,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
263 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
E12324221
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Parking Spaces 
100
Property Sub Type 
Business
SqFt Total 
263
Interior Features
Cooling 
Heating 
Other
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Listing courtesy of: MEHDI TAMIZI FAR of CENTURY 21 HERITAGE GROUP LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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