$899,000 FOR SALE

Business for Sale

Automotive Related

Lot: 100 x 160 ftTotal Area: 5,050 ft2

614 Danforth Rd
Toronto, ON M1K 1E9 | Clairlea-Birchmount

Well-Established Business Operating For 16+ Years. Brilliant Exposure In Prime Location For Used Car Wholesale/Retail Business + Auto Workshop. Turnkey Operation With Excellent Income. Earnings For The Last 3 Years Are An Average Of $850K. Minimal Expenses With A $4500 Gross Lease For A 5000 Sq Ft Space! Lease Valid Till '25 And Can Be Extended. This Really Is A Fantastic Opportunity For Someone Looking To Get Into Business For Themselves.

Extras
Seller Is Willing To Train The Buyer. The Lot Has 16 Cars With A Wholesale Value Of 125,000 Not Included In The Price.

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Listed By CLOUD REALTY, Brokerage
MLS® Listing Number E5271179
Last Updated Jun 11, 2021
Property Summary
Property Type Business For Sale
Use Automotive Related
Franchise Non-Franchise
Category Without Property
Occupancy Own+Ten
Possession Date Immediate
Directions/Cross Streets Kennedy And Danforth Rd
Community Clairlea-Birchmount
Area Toronto
Price History
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Detailed Information
Freestanding N
Lot 100 x 160 ft
Retail Area 3,700 ft2
Industrial Area 1,000 ft2
Office/Apt Area 350 ft2
Total Area 5,050 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Days Open 6
Hours Open 9Am-7Pm
LLBO N
Heat Type Gas Forced Air Closd
Financial Statement Y
Expenses Actual/Estimated Est
Seats 8
Water Municipal
Clear Height 20 feet
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.