#5 1940 Ellesmere Road, Toronto (Woburn) - Business for Sale
#5 1940 Ellesmere Road, Toronto (Woburn), Ontario, M1H2V7
This business in Toronto is for sale offering roughly 3,000 sq ft of space.
Description
Excellent opportunity to acquire a well-established custom kitchen cabinetry and countertop business operating successfully for over 13 years in a prime Toronto location. This fully operational business occupies approximately 3,000 sq. ft. and specializes in the design, manufacturing and installation of custom kitchen cabinets, countertops, bathroom vanities and closet organizers. The spacious factory and showroom are fully equipped with modern machinery, shipping and receiving facilities, loading access and ample plaza parking. The business serves builders, contractors, renovators and retail customers and has developed a loyal customer base with a high percentage of repeat clients. Inventory is included in the purchase price, and the Seller is willing to provide training to support a smooth transition. A favourable lease is in place, with renewal options subject to the Landlord's approval, where applicable. The Seller states that annual gross revenue exceeded $1.2 million. Financial statements and additional business information will be available to qualified Buyers upon execution of a Confidentiality Agreement and during the due-diligence period. Business sale only; real estate is not included. All financial and business information has been provided by the Seller. (id:66096)
Property Details
- MLS®
- E13689768
- Property Type
- Business
- Business Type
- Manufacturing
- Zoning
- Industrial
- Bathrooms
- 1
- Parking
- 2
- Interior Size
- 3,000 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Listed
- 78 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 78 days on market, against an average age of 62 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 (Woburn) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1H)
This home lists at $270,000, about 3.4× the local median household income of $80,000.
Carrying it typically needs a household income of about $52,740 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $80,000
- Population
- 23,964
- Median age
- 38.4
- Owner / renter
- 62% / 38%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA M1H)
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$270,000
Toronto