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$175,000
Available - For Sale
Listing ID: C8070026
LOCATION! LOCATION! LOCATION! Exciting business opportunity to own a profitable well know GIFTS STORE & HOME DECOR ITEMS www.globalgifts.ca on prime location in Yonge St (Yonge & college) in Toronto. This is an owner operated location since 2019. Owner is retiring. Ideal for Family Operated Business. Possible to double sales. Global Gifts, formerly recognized as Andalous Imports, is a well- established Canadian company. We specialize in providing an extensive array of international giftware and home decor items, catering to both retail and wholesale customers. Buyer will be provided free training by seller.
Extras:   Lease Rent $ 7000 Per Month Including TMI. Hst Extra, Lease Expiry in 2030, After That Lease Extension 5 + 5 Years till 2040. This Is NOT A Franchise. Two Dedicated Car Parkings Underground. INVENTORY COST IN ADDITION TO PURCHASE PRICE.
Price $175,000
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 425 Yonge St , Toronto, M5B 1T2, Ontario
Postal Code: M5B 1T2
Province/State: Ontario
Legal Description: PT PARKLT 8 CON 1 FTB TWP OF YORK AS IN
Lot Size: 22 x 59 (Feet)
Directions/Cross Streets: Yonge St / Gerrard St
Zoning: Retail
Category: Without Property
Building Percentage: Y
Total Area: 1,300
Total Area Code:  Sq Ft
Office/Appartment Area: 0
Office/Appartment Area Code: Sq Ft
Industrial Area: 0
Office/Appartment Area Code: Sq Ft
Retail Area: 1300
Retail Area Code: Sq Ft
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11-7Pm
Employees #: 1
Seats: 0
LLBO: N
Insurance Expense: $5000
Year Expenses: 2023
Expenses Actual/Estimated: $Est
Sprinklers: Y
# Trailer Parking Spots: 0
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Clear Height Feet: 12
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

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CENTURY 21 EMPIRE REALTY INC

425 Yonge St , Toronto, M5B 1T2, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Church-Yonge Corridor
Style:
Lot Size: 22.00 x 59.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 1
Garage: 0
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