1064 Bloor Street W, Toronto (dovercourt-Wallace Emerson-Junction), Ontario

About 1064 Bloor Street W

Great opportunity to own a well-established and profitable convenience store! Same owner for 20 years, now retiring. Located on a high-traffic corner along the Bloor subway line, only 2 minutes from the subway station. Annual sales approx. $800K, with cigarettes account for 45% with the programs which bring the high margin (16%) + high rebates. Grocery accounts for 55%, (margin 40-45%). Stable and strong additional income from ATM, Bitcoin machine, outdoor advertising, and rebates from cigarettes & chocolate programs. OLG commission approx. $60,000/year. Over the past 20 years, this store has sold 10+ major winning lottery tickets, including an incredible case where one customer won two Lotto 6/49 jackpots - $14 million and $114,000. It's truly a "Lucky Store" in the community!!! Long lease 5+5 years, with straight rent of $6,500/month (including TMI, water, and gas). Business hours: 7:30am-9:30pm.Significant growth potential - 1)extend business hours, 2)add VAPE products 3)add flowers, 4)continue to expand the newly added liquor sales (introduced in summer 2025, already increasing profits). 5)Surrounded by new high-rise developments bringing more future customers. This is a turn-key investment with a strong reputation, loyal clientele, and excellent cash flow - rare opportunity in a prime Bloor location!! (id:6289)

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