Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Pets: | No Pets Allowed |
Financials
Price:C325,000
($233,500)
(€202,300)
Exceptional opportunity to acquire a thriving turnkey wine retail amp ; wholesale distribution business with over 23 years of history and 8 years at its prime North York location, just ...
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 15% to 25%.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 30 to 90 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.
Amenities
- Major Highway
- Public Transit
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.