Very Profitable Subway Franchise For Sale in Toronto - $275,000 $275,000.00
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Amazing opportunity to own a very profitable Subway Franchise in heart of Toronto. Very Low Rent + TMI : $2345 + $1,650 = $3995/Month Long Lease. Current term expiring at: March 2024 Renewal Options: 3 * 5 Years Current Decor: Upgraded Metro Re-model date: April 2021. But, due to current delays and being a Metro Decor right now, it will take another at least 5 to 7 more years for remodeling. So, No immediate investment required and at remodeling little investment required due to upgraded Metro decor. Sales: 2019 Sales: $7,034 2018 Sales: $6,769 2020 January sales up by: 14% compare to 2019 January sales 2020 February sales up by: 6% compare to 2019 February sales Even for month of March and May 2020 sales: store has been doing more than break even. Means store has been profitable even in this tough times. Best part of Sale is, it is very consistent throughout the year. Even in month of December. Potential to Increase Sale: Please see attached pictures. More than 2000 new families coming to live in this neighborhood. Within 0.5 km distance. Also, one more building for offices. So, more job people during Lunch Hours. Even in current market you can do Flyers, or "A" stand with little more aggressive promotions to increase the sale and capture more customers from competitors. Reason for Sale: Have other stores to take care and this is little far for me to manage. Asking Price: $275,000 ($1 : $0.75 - Dollar to 75 cents) Very reasonable in the current market as well. Serious inquiries only please. Contact: 416-904-6643

Property Details
Contact Info
Name : Bhavik
Phone No : 416-904-6643
Address :  Toronto, ON M5A 4M8 , Canada , East Canada , Ontario
Advertise By :  Owner
Post Date : 2020-06-03
Status : SOLD OUT