4490 Sheppard AVE E #3 Active

Toronto E07,ON M1S 4J9

$ 239000

- Bed

- Bath

3300 SqFt


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 $72

Subdivision Agincourt South-Malvern West

MLS Listing ID E10874851

Annual Tax Amount $1,000

Tax Year 2023

Property Sub-Type Sale Of Business

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. **EXTRAS** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.

Location

Province ON

County Toronto

Community Agincourt South-Malvern West

Area Toronto

Interior

Cooling Yes

Exterior

Lot Frontage 134.25

Lot Depth 730.0

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