Established Water Taxi Business In Toronto For Sale

Property Information

Real Estate:

Lease

Lease Terms:

year to year.

Leasehold Rent:

$60,000 (CAD) per annum

Location:

Toronto Waterfront, Inner Harbour across from the Toronto Islands.

Premises Details:

Year to year lease includes seawall and area where mobile offices are. The area adjacent to the seawall includes sitting area, two air-conditioned and heated 40' container offices (for storage of parts and office requirements) and is adjacent to public washrooms and entertainment complex.

Size in square feet:

120' of seawall and adjacent land.

Planning Consent:

Year to year lease. Seawall is leased from Ports Toronto and the land is leased from the owner of the premises.

Business Operation

Expansion Potential:

Expansion is based on the amount of boots you wish to purchase and maintain.

Competition / Market:

Five other water taxi companies exist in the Harbour.

Reasons for selling:

I have two elderly parents I must attend to and I am also retired.

Trading hours:

Operates from may to October, seven days a week or weekends and holidays only. owners discretion.

Employees:

varies depending on the number of vessels.

Years established:

15

Other Information

Support & training:

I will assist any owner with all licenses, permits, insurance and access permits (i.e. Toronto Islands). Four certificates are required to operate and will consist of a total of 8 days training. Season officially begins on may 24th, but the business can begin operating on May 1st.

Furniture / Fixtures value:

$500 (CAD) - included in the asking price

Inventory / Stock value:

$350,000 (CAD) - included in the asking price

Business closed / Asset sale:

Yes

Relocatable:

This business can be relocated.