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$274,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Yorkdale-Glen Park
MLS® Listing ID W12395245
Source Toronto Regional Real Estate Board
Property Description
Exceptional opportunity to acquire a thriving turnkey wine retail & wholesale distribution business with over 23 years of history and 8 years at its prime North York location, just minutes from Yorkdale Shopping Centre. This well-established operation is offered as a complete package, including business, registered trade name, website, software, equipment, leaseholds, chattels, and full inventory.The business generates very high amount of annual gross revenue, supported by a loyal customer base, repeat clientele, and a strong reputation for quality and service. A brand-new champagne, prosecco, and beer production line launching in September 2025 is projected to boost revenues by an additional 1525%.Premises consist of two adjoining units (total 3,020 sq ft plus 160 sq ft mezzanine) featuring an impressive retail showroom, private office, 2 rear loading doors, 2 walk-in cooler & freezer, and ample storage/distribution space. Rent is exceptionally attractive with 5 years remaining plus a 5-year renewal option. Current plaza occupancy is 100%, making this lease highly advantageous. The property offers ample parking space for customers and staff.The business has been carefully maintained, with recent capital improvements including a new roof completed by management in 2023. Vendor offers 3090 days training to ensure smooth transition. An experienced operations manager is willing to remain with the business long-term.The operation is renowned for its quality production of wine, beer, champagne, prosecco & sparkling wines all crafted without preservatives, chemicals, or artificial carbonation. A rare chance to own a profitable, fully built out and growing business with strong financials, loyal clientele, and multiple avenues for future growth in both retail and wholesale distribution. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
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