Added 1 month ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Apparel
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Zoning: Commercial
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Age: No Data
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Taxes: 7962.84
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MLS®#: C11994343
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Days on Site: 12 Days
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Added: Feb 28, 2025 (1 month ago)
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Updated:
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Last Checked: 1 month ago
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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-
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