haho.ca
$98,000
$129,000For salePrice drop↓ $31,000 (24%)

800 Danforth Avenue, Toronto (Danforth) - Business for Sale

800 Danforth Avenue, Toronto (Danforth), Ontario, M4J1L6

2 baths1 parkingListed 36 days ago
Overview

This business in Toronto is for sale. It has been on the market 36 days, fresher than the Toronto average of 43 days.

Description

Excellent Opportunity To Acquire Fluff Me Up!! An Established Specialty Dessert And Gift Business In Toronto's Greek Town!! Suited For An Entrepreneur Or Operator Looking To Take Over A Unique, Turnkey Business With An Established Brand And Online Presence, Social Media!! Fluff Me Up Specializes In Beautifully Presented Belgian Chocolate-Covered Strawberries, Premium Dessert Creations, Macarons, Cakes, Floral Arrangements, And Curated Gift Boxes Designed For Birthdays, Anniversaries, Holidays, And Celebrations!! Digital Storefront Offers Online Ordering With Local Pickup And Delivery, Providing Multiple Revenue Channels And Opportunities For Continued Growth!! Parking At Back Of Building, Laneway For Deliveries!! Sale Includes The Business Name, Goodwill, Branding, Website/Online Presence, Equipment, Fixtures, Furnishings, And Other Business Assets, Subject To The Terms Of The Sale. Location Has Landlord-Owned Gas Hood And Walk-In Freezer. If New Business Owner Wanted To Operate A Restaurant, This Could Be Possible. Lease Term 5 Year + 5 Year, Attractive Lease Rate Of $3,500 + HST A Month, TMI Is $1,276 + HST, Tenant Pays Own Utilities. (Do Not Go Direct, Please Do Not Approach Staff Or The Business Directly). Thank You!! (id:66096)

Property Details

MLS®
E13840014
Property Type
Business
Business Type
Food Services and Beverage
Zoning
Commercial
Bathrooms
2
Parking
1
Lot Size
18 × 75 ft (1,350 sq ft)
Frontage
18 ft
Heating
Hot water radiator heat, Natural gas
Cooling
Fully air conditioned
Property Tax
$1/yr
Listed
36 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
36d
Toronto (Danforth) listings, avg age
43d
List price
$98K

Extended: 36 days on market, against an average age of 43 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This business in Toronto (Danforth) has been listed for 36 days, which is 7 days fresher than the city average of 43. Act while there is still low competition.

Listed by RE/MAX HALLMARK REALTY LTD. · NICK JAMES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4J)

This home lists at $98,000, about 1.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $19,143 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$93,000
Population
35,128
Median age
42
Owner / renter
62% / 38%
Avg. household size
2.4

Source: Statistics Canada, 2021 Census (FSA M4J)

$98,000
For sale

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Financing

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$98,000

Toronto

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