LOADING

21 - 120 Norfinch Drive Toronto, Ontario M3N 1X3

2850 sqft

$650,000

A unique chance awaits to own a prestigious natural stone wholesaler located in North York, specializing in premium materials such as marble, granite, onyx, and travertine. With a vast selection of over 300 unique stone slabs to fulfill every customer's vision, this esteemed business has cultivated a loyal clientele since its establishment in 2023, showcasing consistent growth. Positioned strategically among Ontario's foremost marble establishments, the business operates from an expansive 2,850 sq ft showroom-gallery. Boasting an impressive 18-foot height clearance, the facility is impeccably equipped for efficient stone handling, featuring a 5-ton rail-mounted gantry crane and a convenient truck level shipping door, ensuring seamless loading and unloading operations. Benefiting from a secure lease with 4.5 years remaining and an option to extend for an additional 5 years, the monthly rent stands at approximately $5,878 (inclusive of TMI). With current monthly sales reaching approximately $87,516 and a low cost of goods sold (approximately 16%), this venture offers substantial profit potential. Monthly expenses include wages (approx. $4,300), utilities (approx. $380), phone and internet (approx. $45), and business insurance (approx. $178). The asking price includes a substantial inventory valued at approximately $351,070. **** 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. (id:27910)

Property Details

MLS® Number W8410026
Property Type Business
Community Name Black Creek
Amenities Near By Highway
Features Crane

Building

Size Interior 2850 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway