#3b 1277 Caledonia Road, Toronto (Yorkdale-Glen Park) - Business for Sale
#3b 1277 Caledonia Road, Toronto (Yorkdale-Glen Park), Ontario, M6A2X7
This business in Toronto is for sale offering roughly 900 sq ft of space. It has been on the market 42 days, fresher than the Toronto average of 71 days.
Description
PRIME YORKDALE LOCATION | TURNKEY CAR DETAILING BUSINESS(2000 characters)Excellent opportunity to acquire an established car detailing business just 5 minutes fromYorkdale Mall, in a high-traffic location with strong visibility.The business generates approximately $12,000-$15, 000 in monthly revenue, with reported monthlyprofit of approximately $8,000. The sale includes all equipment, established customer contacts, Google reviews, Instagram account and existing business relationships.The business currently has recurring commercial work, including:. Collision repair company: 17-20 vehicles/month, with additional opportunities for PPF andpaint-related work. Post office: 4-5 vans/week for headlight cleaning. Landscaping company: 4-5 mini-trucks/week for cleaning and detailingThe current lease has approximately 4.5 years remaining, with rent of approximately $4,520/month including taxes. Average total monthly expenses are approximately $5,500.The owner is selling due to a change in country and is willing to provide training andtransition support to the new owner.A turnkey operation with recurring commercial clients, established goodwill and significantroom for growth through stronger marketing and additional contracts. (id:66096)
Property Details
- MLS®
- W13818106
- Property Type
- Business
- Business Type
- Automobile
- Zoning
- Automotive Related
- Interior Size
- 900 ft²
- Lot Size
- 25 × 35 ft (875 sq ft)
- Frontage
- 25 ft
- Heating
- Forced air, Natural gas
- Cooling
- None
- Listed
- 42 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 42 days on market, against an average age of 71 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.
This business in Toronto (Yorkdale-Glen Park) has been listed for 42 days, which is 29 days fresher than the city average of 71. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6A)
This home lists at $125,000, about 1.7× the local median household income of $72,500.
Carrying it typically needs a household income of about $24,417 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $72,500
- Population
- 22,380
- Median age
- 37.6
- Owner / renter
- 41% / 60%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA M6A)
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$125,000
Toronto