$120,000
For sale: Other

Amazing opportunity to own and operate a a profitable turnkey beverage / bubble tea business in one of the busiest downtown Toronto shopping malls - Dufferin Mall. This mall feature large anchor tenants and groceries options that monopolize the area. This is a reputable franchise business, located in the prime wing of the mall with lots of foot traffic towards the food court. Being a well-established business, it is straight forward and easy to operate and manage, ideal for both new and experienced business owners offering low operating cost while yielding high profits. Currently a partnership is made with No-Frills for supplies, more details along with offer discussion. Location is close to public transit, nearby schools / residential neighbourhoods & parks.
Sold data
Other homes in Toronto (Dufferin Grove) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Dufferin Grove) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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