100 queen condos . Nearly 200000 of the intermediary convenience store business is listed on the stock market. Toronto is in the convenience store business, and now you can have exactly the same convenience store as in the show, because it was recently listed for sale.
The famous convenience store, located at Queen Street East 252, Moss Park neighborhood in Toronto, was listed a few weeks ago at a price of C $198000, according to dailyhive.com.
This is the first time it has been put up for sale in 35 years.
At first glance, this may seem like a good price for any property in Toronto, but remember, it’s the business, not the property. According to Anthony Tomasone, an Zoocasa broker, the price is actually a premium compared with similar convenience store businesses that went public last year.
Being on the CBC show is indeed one of the reasons why they may be priced so high. Tomasone said. ” Other businesses in the Moss Park area are listed for between 30,000 and 70,000 and have not been sold in the past three years. ”
Tomasone said that with the final season of “Guinness Store” aired this month, current owners seem to want to take advantage of the opportunity to cash out at high prices.
But no matter who buys it, the store seems to make a lot of money. According to listing information, the 1300-square-foot store generates sales of about 15000 to 18000 yuan a week, as well as additional revenue from lottery tickets, ATM machines and back-store parking. However, the high income is likely to be attributed to the popularity of the show.
“usually, when they look at a company’s sales, they look at all the revenue reports, and with the popularity of the show over the past five years, it’s probably because people come to visit from outside Moss Park and exaggerate their income,” Tomasone said.
“after all these years on TV, in the next few years, you will still have some die-hard fans to take pictures and ask questions about the show.”
If you’ve been dreaming of realizing the convenience store fantasy in TV series, this may be your chance.