$1,050,000
FOR SALE

Business for Sale

Distributing

Total Area: 10,475 ft2
2023 Taxes: $20,506

2501 Steeles Ave W #5
Toronto, ON M3J 2P1 | York University Heights

Established furniture and distribution business located in a prime location, operating for about 19 years. Specializing in selling high quality solid wood furniture such as loft beds, bunk beds, beds, dressers, computer desks and more, directly imported from suppliers. Sales span across Canada and the USA, with partnerships including Walmart, Amazon, and Best Buy. The lease is valid until April 1st, 2027, with options available. Net - $5,673 per month, mi - $2,767 per month, tax- $1,708 per month, adm; - $122 per month, insurance-$8,400 yearly, social media $5,000 yearly. Stock is not included in the price, estimated at about $1,500,000. The owner is willing to train the new buyer, and the business includes all trademarks, website, and more. For more information, please visit the website -- scanica.ca
Extras
net income average about $500,000 yearly for the last three years
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Listed By YYZ REALTY LIMITED
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8333668
Last Updated May 21, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Distributing
Franchise Non-Franchise
Category Without Property
PIN 101790216
Occupancy Owner
Possession Date TBA
Taxes (2023) $20,506
Tax Type Annual
Directions/Cross Streets Steeles/Alness
Neighbourhood York University Heights
Area Toronto
Price History

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Detailed Information
Freestanding N
Retail Area 1,000 ft2
Industrial Area 9,175 ft2
Office/Apt Area 300 ft2
Total Area 10,475 ft2
Approximate Age 31-50
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Volts 600
Days Open 6
Hours Open 8
LLBO N
Employees 3
Heat Type Gas Forced Air Open
Financial Statement Y
Outside Storage N
Area Influences Public Transit
Sprinklers Y
Utilities A
Water Municipal
Clear Height 18 feet
Drive-In Level Shipping Doors 1
Drive-In Level Shipping Doors Height 12 feet
Truck Level Shipping Doors 1
Truck Level Shipping Doors Height 16 feet
Crane N
Lot/Bldg/Unit Code Unit
Zoning commercial-retail
Seller Property Info Statement N

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