3468 DANFORTH AVENUE

*** 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 Danforth, 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 55% 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! (id:67197)

Price

$249,000

Property Type

Business

Transaction Type

For sale

Parking

6

MLS® Number

E13680512

Cooling

Fully air conditioned

Fireplace

No

Heating Fuel

Natural gas

Heating

Forced air

Water

Municipal water

Acreage

No