Added 1 month ago
-
Type: Sale Of Business
-
Property Type: Commercial
-
Business Type: Apparel
-
Zoning: Commercial
-
Age: No Data
-
Taxes: 7962.84
-
MLS®#: C11994343
-
Days on Site: 12 Days
-
Added: Feb 28, 2025 (1 month ago)
-
Updated:
-
Last Checked: 2 weeks ago
-
Listed By: CULTURELINK REALTY INC.
RETIREMENT SALE. Opportunity to own a well-established shoe repair and leather care business in a prime downtown Toronto location! Shoe Therapy, located at 1108 Bay Street, has built a strong reputation for high-quality craftsmanship, excellent customer service, and a loyal client base since 1997 (28 years). Business Highlights:-Prime Location: Situated in the heart of Toronto near Yorkville, surrounded by high-endretail stores, office buildings, and residential condos, ensuring steady foot traffic.-Established Reputation: Operating for 28 years, Shoe Therapy is known for expert shoe andleather repair, attracting repeat customers and walk-ins of high end shoes/leather goods.-Diverse Services: Shoe and boot repairs, leather restoration, key cutting, handbag and beltrepair, and custom shoe modifications.-Turnkey Operation: Fully equipped with professional tools, workstations, and inventoryreadyfor a new owner to take over seamlessly.-Loyal Clientele: Strong relationships with local residents, professionals, and luxury retailstores requiring high-quality repair services.-Growth Potential: Expand services, introduce online booking, or partner with local fashionretailers / dry cleaners etc. to increase revenue.Sale Includes:All repair equipment and toolsExisting inventory and materialsEstablished customer base and brand recognitionLease terms to be negotiated with the landlordThis is a fantastic owner-operated business for someone looking to enter or expand in the shoeand leather repair industry.Serious inquiries only.
Property
Status: Sale
Type: Apparel
Property Type: Sale Of Business
Property Type: Without Property
Area: Toronto
Community: Bay Street Corridor
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: N
Heat Type: Gas Forced Air Closd
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Underground
Fees
Tax Year: 2024
Taxes: $7,963
Taxes Type: Annual
Land
Cross Street: Bay and Bloor
Municipality District: Toronto C01
Zoning: Commercial
Commercial Specific
Number of Employees: 2
Retail Area: 100
Retail Area Metric: Sq Ft
Sprinklers: Y
Total Area: 390
Total Area Metric: Sq Ft
Hours Open: 11-5
Office Size: 438
Office Size Metric: Sq Ft
Days Open: 6
Franchise: N
Tangible Property Included: Y
Lot Code: Unit
Financial Statement: Y
LLBO: N
Walker's Paradise
- Daily errands do not require a car.
Rider's Paradise
- Daily errands do not require a car.
Biker's Paradise
- Daily errands do not require a car.
Beverley School
Elementary: PublicCollège français élémentaire
Elementary: PublicRosedale Junior Public School
Elementary: PublicOrde Street Public School
Elementary: PublicChurch Street Junior Public School
Elementary: PublicJesse Ketchum Junior and Senior Public School
Elementary: PublicNative Learning Centre
Secondary: PublicSubway Academy II
Secondary: PublicCollège français secondaire
Secondary: PublicMsgr Fraser-Isabella
Secondary: CatholicJarvis Collegiate Institute
Secondary: PublicSt Joseph's College School
Secondary: Catholic-
Queen's Park
111 Wellesley St W (at Wellesley Ave.), Toronto ON M7A 1A5 0.51km -
Leaf Garden
Breadalbane St (btwn Bay & Yonge), Toronto ON 0.58km -
Allan Gardens Conservatory
19 Horticultural Ave (Carlton & Sherbourne), Toronto ON M5A 2P2 1.32km
-
Alterna Savings
800 Bay St (at College St), Toronto ON M5S 3A9 0.79km -
CIBC
460 University Ave (Dundas St.), Toronto ON M5G 1V1 1.41km -
CIBC
268 College St (at Spadina Avenue), Toronto ON M5T 1S1 1.42km
- 0 bath
- 0 bed
230-110 Harbour Street, Toronto, Ontario • M5J 0B7 • Waterfront Communities C01
- 0 bath
- 0 bed
810 Bloor Street West, Toronto, Ontario • M6G 1L9 • Dovercourt-Wallace Emerson-Junction
- 2 bath
- 0 bed
107-12 Queens Quay West, Toronto, Ontario • M5J 2V7 • Waterfront Communities C08