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Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$799,000
Available - For Sale
Listing ID: C9233175
230 Adelaide St East , Toronto, M5A 1W9, Ontario


A highly reputable and extremely successful upscale furniture brand for upholstered & wooden furnishings, plus interior design services, is available for new ownership. BoConcept is a Danish based brand of Scandinavian influenced and inspired design that has been collaborating with the world's best designers for over 70 years. This owner has been operating since 2017 and has seen extremely strong sales, salaries and net operating income. BoConcept also offers an in house Interior Design Service ranging from small scale furniture updates to full remodelling. This business has loads of untapped potential to increase earnings making it an incredible opportunity for passionate investors and entrepreneurs. Please do not go direct or speak to staff. Your discretion is appreciated.
Extras:   * Net Rent = $11,475.00 * TMI = $5,355.00 * 7 Years Remaining * 4590 Sq Ft * Sales Range From 1.8M - 2.2M * Strong NOI & Owner Salary *
Price $799,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 230 Adelaide St East , Toronto, M5A 1W9, Ontario
Postal Code: M5A 1W9
Province/State: Ontario
Directions/Cross Streets: Adelaide St E & Jarvis St
Category: Without Property
Use: Furniture
Building Percentage: N
Total Area: 4590.00
Total Area Code:  Sq Ft
Retail Area: 100
Retail Area Code: %
Financial Statement: Y
Chattels: Y
Franchise: Y
Days Open: 7
Hours Open: 10am-7p
Employees #: 10
Seats: 0
LLBO: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Personal Picture
Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Moss Park
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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