• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$249,000
Available - For Sale
Listing ID: E13680512
3468 Danforth Avenue , Toronto, M1L 1E1, Toronto


*** RAHMI GROCERY N' FRUITS | TURNKEY GROCERY BUSINESS | PRIME SCARBOROUGH LOCATION***Excellent opportunity to own an established, busy and fully equipped grocery store in the heart of Scarborough, conveniently located near Danforth Ave & Warden Ave. Opening Hours Flexible. Approximately 1,100 sq. ft. of well-utilized space, surrounded by restaurants, residential communities and high pedestrian and vehicle traffic, offering a diverse customer base and strong growth potential. Rahmi Grocery N' Fruits offers a wide selection of Halal South Asian food products, fresh bread, fruits, halal meat, fresh fish, vegetables and everyday grocery essentials. The store features dedicated Bakery, Meat, Fresh Fish, Ice Cream and Grocery sections, providing multiple revenue streams under one roof. Lotto and cigarette licences are available. The premises include a walk-in cooler, 5 fish fridges, 2 frozen sections, dedicated ice cream fridge, meat section, central A/C and approximately 6 designated parking spaces, plus additional customer parking. The owner has invested approximately $200,000 in renovations and improvements. Monthly lease is $3,500, including TMI, HST and water, with an existing 4+5-year lease structure. Reported transaction volume is approximately $35,000, with an estimated profit margin of 26% per month. List price includes inventory, POS system, all refrigeration and store equipment, fixtures and chattels. Owner-operated business with training and transition support available. A rare turnkey opportunity for an owner-operator, family business or investor looking to establish a strong presence in a high-demand Scarborough location. Be your own boss and take advantage of the established customer base and significant growth potential!
Price $249,000
Taxes: $0.00
Tax Type: TMI
Occupancy: Owner
Address: 3468 Danforth Avenue , Toronto, M1L 1E1, Toronto
Postal Code: M1L 1E1
Province/State: Toronto
Directions/Cross Streets: Danforth Ave And Warden 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: Grocery/Supermarket
Total Area: 0.00
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 11 AM t
Employees #: 1
Seats: 1
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto E06
Neighbourhood: Oakridge
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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