$158,000
Est. payment /mo
390 SqFt
Active
1108 Bay ST Toronto C01, ON M5S 2Y1
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 390 sqft
Price per Sqft $405
Subdivision Bay Street Corridor
MLS Listing ID C11994343
Annual Tax Amount $7,962
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
RETIREMENT SALE. Opportunity to own a well-established shoe repair and leather care business in a prime downtown Toronto location! Shoe Therapy, located at 1108 Bay Street, has built a strong reputation for high-quality craftsmanship, excellent customer service, and a loyal client base since 1997 (28 years). Business Highlights:-Prime Location: Situated in the heart of Toronto near Yorkville, surrounded by high-endretail stores, office buildings, and residential condos, ensuring steady foot traffic.-Established Reputation: Operating for 28 years, Shoe Therapy is known for expert shoe andleather repair, attracting repeat customers and walk-ins of high end shoes/leather goods.-Diverse Services: Shoe and boot repairs, leather restoration, key cutting, handbag and beltrepair, and custom shoe modifications.-Turnkey Operation: Fully equipped with professional tools, workstations, and inventoryreadyfor a new owner to take over seamlessly.-Loyal Clientele: Strong relationships with local residents, professionals, and luxury retailstores requiring high-quality repair services.-Growth Potential: Expand services, introduce online booking, or partner with local fashionretailers / dry cleaners etc. to increase revenue.Sale Includes:All repair equipment and toolsExisting inventory and materialsEstablished customer base and brand recognitionLease terms to be negotiated with the landlordThis is a fantastic owner-operated business for someone looking to enter or expand in the shoeand leather repair industry.Serious inquiries only.
Location
Province ON
County Toronto
Community Bay Street Corridor
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Yes
Listed by CULTURELINK REALTY INC.