$799,000 FOR SALE

Franchise Business for Sale

Furniture

Total Area: 4,590 ft2

230 Adelaide St E
Toronto, ON M5A 1W9 | Moss Park

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 *

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Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C9233175
Last Updated Jul 31, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Furniture
Franchise Franchise
Category Without Property
Occupancy Tenant
Possession Date TBD
Directions/Cross Streets Adelaide St E & Jarvis St
Neighbourhood Moss Park
Area Toronto
Price History
Interested in obtaining the full price history for this property?
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Detailed Information
Freestanding N
Retail Area 100 percent
Total Area 4,590 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type None
Days Open 7
Hours Open 10am-7p
LLBO N
Employees 10
Heat Type Gas Forced Air Open
Financial Statement Y
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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