$149,000
Available - For Sale
Listing ID: E12368261
1000 Gerrard Street 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 | $149,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | Owner+T |
| Address: | 1000 Gerrard Street 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 0 | |
| Washroom Type 42 | 0 | |
| Washroom Type 43 | 0 | |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 0 | |
| Washroom Type 46 | 0 | |
| Washroom Type 47 | 0 | |
| Washroom Type 48 | 0 | |
| Washroom Type 49 | 0 | |
| Washroom Type 50 | 0 | |
| Washroom Type 51 | 0 | |
| Washroom Type 52 | 0 | |
| Washroom Type 53 | 0 | |
| Washroom Type 54 | 0 | |
| Washroom Type 55 | 0 | |
| Washroom Type 56 | 0 | |
| Washroom Type 57 | 0 | |
| Washroom Type 58 | 0 | |
| Washroom Type 59 | 0 | |
| Washroom Type 60 | 0 | |
| Washroom Type 61 | 0 | |
| Washroom Type 62 | 0 | |
| Washroom Type 63 | 0 | |
| Washroom Type 64 | 0 | |
| Washroom Type 65 | 0 | |
| Washroom Type 66 | 0 | |
| Washroom Type 67 | 0 | |
| Washroom Type 68 | 0 | |
| Washroom Type 69 | 0 | |
| Washroom Type 70 | 0 | |
| Washroom Type 71 | 0 | |
| Washroom Type 72 | 0 | |
| Washroom Type 73 | 0 | |
| Washroom Type 74 | 0 | |
| Washroom Type 75 | 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: | F |
| 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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| CENTURY 21 HERITAGE GROUP LTD. |
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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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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