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Established Furniture Store Franchise In Toronto For Resale

Toronto, Ontario, Canada
Asking Price:
$900,000 (CAD)
Sales Revenue:
$1,800,000 (CAD)
Cash Flow:
$253,000 (CAD)

Furniture store selling designer furniture in down town Toronto (Design District) since 2011 for sale. This is a popular danish furniture brand and the franchise has over 300 stores in 70 countries. The store has a great team and can be run hands-on or as an investor. New franchisee will get all of GTA with option to open more stores. Seller will do training and bring new owner up speed and the store is already being run hands-off with a Store Manager.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

On going least till August 2025 with renewal clause 2 times 3 years (till 2028 or 2031)

Leasehold Rent:

$234,000 (CAD) per annum

Location:

Design district in down town Toronto. There are many furniture stores in this area and store has a good position on google maps.

Size in square feet:
4,500

Business Operation

Reasons for selling:

Seller moving on to other business ventures

Trading hours:

Mon to Sun, 10 to 6 and 12 to 5 (Sun)

Employees:
5
Years established:
2011

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

New Franchise Agreement must be done with Franchisor

Other Information

Support & training:

Seller will do training and bring new owner to speed. Franchisor also have online university with training in all aspects of the business: products etc

Furniture / Fixtures value:
$93,000 (CAD)
Inventory / Stock value:
$150,000 (CAD)
Website:
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Relocatable:
This business can be relocated.