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$158,000
Available - For Sale
Listing ID: C11994343
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.
Price $158,000
Taxes: $7,962.84
Tax Type: Annual
Occupancy by: Owner
Address: 1108 Bay St , Toronto, M5S 2Y1, Ontario
Postal Code: M5S 2Y1
Province/State: Ontario
Directions/Cross Streets: Bay and Bloor
Zoning: Commercial
Category: Without Property
Use: Apparel
Building Percentage: N
Total Area: 390
Total Area Code:  Sq Ft
Office/Appartment Area: 438
Office/Appartment Area Code: Sq Ft
Retail Area: 100
Retail Area Code: Sq Ft
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 6
Hours Open: 11-5
Employees #: 2
Seats: 0
LLBO: N
Sprinklers: Y
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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CULTURELINK REALTY INC.

1108 Bay St , Toronto, M5S 2Y1, Ontario

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Maria Tompson
Sales Representative
Dir:
416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Bay Street Corridor
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Tax: $7,962.84
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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