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260 Vaughan Road, Toronto

$679,000

Status

For Sale

Price

$679,000

Category

Commercial

Size

1,000 SF

Neighbourhood

Humewood-Cedarvale, Toronto

Address

260 Vaughan Road, Toronto, ON

About this listing

Very Profitable Centex Gas Station Business in a busy area of Toronto DT, Ontario. This family-oriented business offers a great opportunity with modern Wayne pumps providing all gasoline grades. Located in a high-density area with excellent road exposure, the station generates approximately $3.6 million in annual gas (very attractive fuel contract) volume. Yearly Inside revenue between $500K to $550K includes 30-35% from grocery sales (35%), 30-35% from tobacco, including vape (17%) and 25-30% beer/wine. Avg. 8% in lotto commissions. Additional revenue of ATM, Bitcoin, and Air-Pump. Most attractive low rent of $4522 per month (incl. TMI+HST) with 20 Yrs long lease available. Fuel Contract is of 10 Yrs with option to renew.

Listing courtesy of CENTURY 21 PEOPLE'S CHOICE REALTY INC., distributed via CREA’s REALTOR.ca® Data Distribution Facility. Gitalis Real Estate is not the listing brokerage, we’re happy to represent you as your agent on this property.