10
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$280,000
Est. payment /mo
3,300 SqFt
Active
4490 Sheppard AVE E #3 Toronto E07, ON M1S 4J9
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UPDATED:
11/25/2024 01:29 PM
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
Listed by REAL ONE REALTY INC.