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500 ORIOLE PKWY #4TORONTO│ON
BUSINESS FOR SALE
PROPERTY DETAILS
TOTAL SIZE 1637 Sq Ft
ASKING PRICE $49,700
ZONING CR Former City ByLaw 438-86
LEASE TERMS Lease Expires February 28, 2023
Rental Rate: $23psf NET with
escalations, TMI $16 psf +Utilities
POSSESSION TBD/Flexible
FEATURES ▪ Long standing convenience store
business with multiple additional
income stream options for sale.
▪ Chattels and Fixtures included as
well as Lease Assignment.
Remaining Inventory to be
negotiated.
▪ Reserved onsite parking for 3
cars.
K.P. GILLEN & CO. REALTY LTD. BROKERAGE40 Scollard Street Suite 200Toronto, ON M5R 3S1(416) 964 9441www.kpgillen.com
KEVIN P. GILLENFRI, BROKER, PRESIDENT(416) 964 [email protected]
KAITLIN LAUREL GILLENCONTROLLER & SALES REPRESENTATIVE(416) [email protected]
Although K.P. GILLEN & CO. REALTY LTD. attempts to ensure that all information provided is accurate and complete, we do not represent that it is so, or guarantee it, and accept no liability or obligation for accuracy or completeness. If there is any discrepancy between information posted on our website and in an original paper version, the version that is most current should be considered to be the authoritative version.
Height 6.44 cmWidth 7.96 cmX: 0.75cmY: 14.94cm
Height: 12.53cmWidth: 19.05cmX: 0cmY: 1.14cm
500 ORIOLE PKWY #4 | PHOTOS
Height: 9.15 cmWidth: 14.57 cmX: 2.33cmY: 3.08cm
Height: 9.15 cmWidth: 14.57 cmX: 2.33cmY: 12.23cm
K.P. GILLEN & CO. REALTY LTD. BROKERAGE40 Scollard Street Suite 200Toronto, ON M5R 3S1(416) 964 9441www.kpgillen.com
KEVIN P. GILLENFRI, BROKER, PRESIDENT(416) 964 [email protected]
KAITLIN LAUREL GILLENCONTROLLER & SALES REPRESENTATIVE(416) [email protected]
Although K.P. GILLEN & CO. REALTY LTD. attempts to ensure that all information provided is accurate and complete, we do not represent that it is so, or guarantee it, and accept no liability or obligation for accuracy or completeness. If there is any discrepancy between information posted on our website and in an original paper version, the version that is most current should be considered to be the authoritative version.
500 ORIOLE PKWY #4 | BUSINESS DETAILS
K.P. GILLEN & CO. REALTY LTD. BROKERAGE40 Scollard Street Suite 200Toronto, ON M5R 3S1(416) 964 9441www.kpgillen.com
KEVIN P. GILLENFRI, BROKER, PRESIDENT(416) 964 [email protected]
KAITLIN LAUREL GILLENCONTROLLER & SALES REPRESENTATIVE(416) [email protected]
Although K.P. GILLEN & CO. REALTY LTD. attempts to ensure that all information provided is accurate and complete, we do not represent that it is so, or guarantee it, and accept no liability or obligation for accuracy or completeness. If there is any discrepancy between information posted on our website and in an original paper version, the version that is most current should be considered to be the authoritative version.
Financials:
Chattels Included:Check-Out CounterCigarette ShelvingSecurity MirrorSecurity BarsStore ShelvingWall ShelvingDaisy Mart Signage (Only for Continued Daisy Mart Franchise Use)6-Door Walk-in Refrigerator, with Shelving and Box Lighting KitsCigarette Lockup SafeFire ExtinguisherLarge Sideboard Cabinet2-Door Upright 4 Ft Display Fridge2 Door Upright 4 Ft Display FreezerMicrowavePanini PressHD Video Surveillance/Recording Unit (1TB Storage) with 8 Indoor/Outdoor night vision CamerasAudio/Video System with 50” LED Television Monitor, 5 Speakers and Subwoofer
Chattels Excluded:-All Rental or Contract Items, including but not limited to: -Bread Stands-6-Ft Nestle Floor Freezer-*Eyeshot Media Monitor and Server-Frito Lay Shelving/Stand-Breyers Ice Cream Floor Fridge-Upright Haagen Dazs Freezer-*ATM-Cell Phone Accessory Stand-NesCafe Alegria Coffee Machine-Newspaper Stand-*Lotto Centre and Stations-Ice Freezer-Point of Sale Terminal*Potential Additional Revenue Stream
Introductions may be made to the above providers to inquire about assumption of any
agreements relating to the above rental items, and their resultant income. All Chattels are Being
Sold As-Is.
Gross Profit: $152,121Total Operating Expenses: $78,375NET Income: $73,746
(2018):
Gross Profit: $165, 465Total Operating Expenses: $74, 375NET Income: $91, 090
Gross Profit: $168, 852Total Operating Expenses: $77, 775NET Income: $91, 077
*Please note, owners scaled back operations and inventory to prepare for sale. Historical Data Available for true average income potential on request
(2016):
(2017):
