ON > Toronto C01 > Bay Street Corridor
Toronto C01, ON M5S 2Y1,1108 Bay ST
$128,000
Est. payment /mo
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390 SqFt
Price Dropped by $30K

1108 Bay ST Toronto C01, ON M5S 2Y1

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Kenneth Yim

Kenneth Yim

+1(416) 651-5653

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 390 sqft

Price per Sqft $328

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.

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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