230 Adelaide Street East, Toronto | Image 1

230 Adelaide Street East

Toronto, Moss Park

  • Commercial

$799,000
For Sale

Added 3 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Furniture

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: C9233175

  • Added: Jul 31, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

A highly reputable and extremely successful upscale furniture brand for upholstered & wooden furnishings, plus interior design services, is available for new ownership. BoConcept is a Danish based brand of Scandinavian influenced and inspired design that has been collaborating with the world's best designers for over 70 years. This owner has been operating since 2017 and has seen extremely strong sales, salaries and net operating income. BoConcept also offers an in house Interior Design Service ranging from small scale furniture updates to full remodelling. This business has loads of untapped potential to increase earnings making it an incredible opportunity for passionate investors and entrepreneurs. Please do not go direct or speak to staff. Your discretion is appreciated.

Extras

* Net Rent = $11,475.00 * TMI = $5,355.00 * 7 Years Remaining * 4590 Sq Ft * Sales Range From 1.8M - 2.2M * Strong NOI & Owner Salary *

Property

  • Status: Sale

  • Type: Furniture

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Moss Park

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes Type: T.M.I.

Land

  • Cross Street: Adelaide St E & Jarv

  • Municipality District: Toronto C08

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 10

  • Retail Area: 100

  • Retail Area Metric: %

  • Total Area: 4590

  • Total Area Metric: Sq Ft

  • Hours Open: 10am-7p

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Financial Statement: Y

  • LLBO: N

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