4490 Sheppard AVE E #3 Active Save Request In-Person Tour Request Virtual Tour
Toronto E07,ON M1S 4J9
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $84
MLS Listing ID E10874851
Annual Tax Amount $1,000
Tax Year 2023
Property Description
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.
Location
Province ON
County Toronto
Community Agincourt South-Malvern West
Area Toronto
Region Agincourt South-Malvern West
City Region Agincourt South-Malvern West
Interior
Cooling Yes
Exterior
Lot Depth 730.0