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: Automotive Related
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Zoning: EL
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Age: No Data
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Taxes: 1000
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MLS®#: E10874851
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Days on Site: 53 Days
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Added: Nov 25, 2024 (1 month ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: REAL ONE REALTY INC.
Prime Location Scarborough Car Wash and Detailing Business. This well-established car wash and detailing business has been operating successfully in Scarborough for the past 7 years, cultivating a loyal customer base. The business occupies approximately 3,300 square feet and offers a comprehensive range of services including car washing, vinyl wrapping, and automotive customization and detailing. Each of these three primary services contributes roughly 30% to the overall sales. The business generates a monthly revenue of approximately $35,000. The monthly rent is $8,000 (incl. TMI, HST & water). The current lease has a remaining term of 4 years with a 5-year renewal option. After deducting all operating expenses, the business provides a substantial monthly profit. The business is currently operated by employees, allowing for absentee ownership. With a robust management system in place, this business operates as a self-sufficient money-making machine. The property is zoned for automotive use, providing the flexibility to convert the business into any other automotive-related venture. The asking price for this turnkey business is $280,000.
Extras
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
Property
Status: Sale
Type: Automotive Related
Property Type: Sale Of Business
Property Type: Without Property
Area: Toronto
Community: Agincourt South-Malvern West
Availability Date: TBD
Inside
Air Conditioning: Y
Building
Basement: N
Heat Type: Gas Forced Air Open
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2023
Tax Legal Description: PT LT 24 CON 3 SCARBOROUGH PTS 1 & 2 64R7542; S/T SC362278; TORO
Taxes: $1,000
Taxes Type: Annual
Land
Cross Street: Sheppard & McCowan
Municipality District: Toronto E07
Parcel Number: 060870126
Lot Depth: 730 Feet
Lot Frontage: 134.25 Feet
Zoning: EL
Commercial Specific
Number of Employees: 2
Retail Area: 40
Retail Area Metric: %
Total Area: 3300
Total Area Metric: Sq Ft
Hours Open: 11AM-6P
Days Open: 7
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Business/Building Name: Milk Auto Wrap
Financial Statement: Y
LLBO: N
St Bartholomew Catholic School
Elementary: CatholicSt Ignatius of Loyola Catholic School
Elementary: CatholicIroquois Junior Public School
Elementary: PublicC D Farquharson Junior Public School
Elementary: PublicNorth Agincourt Junior Public School
Elementary: PublicSir Alexander Mackenzie Senior Public School
Elementary: PublicDelphi Secondary Alternative School
Secondary: PublicMsgr Fraser-Midland
Secondary: CatholicSir William Osler High School
Secondary: PublicFrancis Libermann Catholic High School
Secondary: CatholicAlbert Campbell Collegiate Institute
Secondary: PublicAgincourt Collegiate Institute
Secondary: Public- 0 bath
- 0 bed
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