Business For Sale · Specialty

24 - 4801 KEELE STREET, Toronto (York University Heights)

24 - 4801 KEELE STREET, Toronto (York University Heights), ON M3J3A4

$900,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

96%

About this property

Unique opportunity to acquire an established home staging business together with the commercial/industrial property from which it operates, providing the purchaser with both an operating business and its real estate. The business features a strong industry reputation, established Realtor relationships, repeat clientele, referral network and a turnkey operating platform. Included is approximately $300,000 in curated staging inventory consisting of furniture, rugs, artwork, lighting, bedding, accessories, greenery, mirrors and décor, along with industrial-grade racking and storage infrastructure. The sale also includes a cargo van. Business assets include the established business name, logo, phone number, professionally designed website, .com and .ca domain names, business email, social-media accounts, Google Business Profile and reviews, professional photographs and complete staging portfolio. Operational systems include quoting templates, contracts, consultation forms, pricing structure, procedures and established supplier, rental-company, mover and subcontractor relationships. The purchaser will benefit from an existing client database, active leads, repeat-client information, established goodwill and introductions to key Realtor clients. The Seller will provide three months of comprehensive training and transition support to assist with a smooth transfer of ownership. An excellent opportunity for an owner-operator, existing staging company or complementary real estate business looking to acquire an established operation, substantial inventory, goodwill and the real estate supporting the business.Prep2List Pro consultation and estimating system is not included unless separately negotiated. (id:66811)

Financial sandbox

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Estimate
Purchase price$900K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$65K

Annual cash flow

$15K

Cash-on-cash

5.42%

DSCR

1.29

Going-in cap

7.17%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

56,248

Households

22,191

Median income

$76,000

Median age

42.9

Daytime population

90,318

5-yr growth

6.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 24 - 4801 KEELE STREET, Toronto (York University Heights).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.