$189,000
Available - For Sale
Listing ID: E12324221
1000 Gerrard Stre East , Toronto, M4M 3G6, Toronto
| 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. |
| Price | $189,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Monthly Condo Fee: | $0 |
| Occupancy: | Owner+T |
| Address: | 1000 Gerrard Stre East , Toronto, M4M 3G6, Toronto |
| Postal Code: | M4M 3G6 |
| Province/State: | Toronto |
| Legal Description: | Subway Franchised Restaurant |
| Directions/Cross Streets: | Gerrard Street East & Pape Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Without Property |
| Use: | Food Court Outlet |
| Building Percentage: | F |
| Total Area: | 263.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | T |
| Hours Open: | Mall Ho |
| Employees #: | 3 |
| Seats: | 0 |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Truck Level Shipping Doors #: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | Yes |
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Years
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| CENTURY 21 HERITAGE GROUP LTD. |
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|
Dir:
647-472-6050
Bus:
905-709-7408
Fax:
905-709-7400
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto E01 |
| Neighbourhood: | South Riverdale |
| Fireplace: | N |
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