$189,000
Available - For Sale
Listing ID: E12368261
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 Torontos 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 AM9 PM, Sat Sun 10 AM6 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 |
| 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 |
| 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 |
| Days Open: | O |
| 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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|
Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
| 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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