Thriving Furniture Rental Business for Sale in GTA, Ontario
This business, serving Toronto, the GTA, and York Region, presents an incredible opportunity for savvy investors and business buyers.
Furniture Rentals:
Serves a diverse clientele, from home stagers to realtors, residential homeowners, and more.
Enhance spaces with on-trend, high-quality furniture and accessories.
Staging Services:
A professional, experienced staging services team knows how to transform homes, events, and trade shows into impressive spaces.
Studies confirm that staged properties attract more attention and, most importantly, tangible offers.
Consultations: Offers tailored consultations to property owners. Experts conduct site inspections to understand each client's unique needs, and provide recommendations for the perfect furniture and accessories to elevate any space.
- Asking Price:
- $399,900 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $250K - $500K (CAD)
- Cash Flow:
- $50K - $100K (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The original 5-year lease (2017-2022) has been extended for an additional three years, now concluding on October 31, 2025.
This lease is structured as a net lease, with a monthly Minimum Rent of $4,949.64. Additional Rent covers:
Proportionate Share of realty taxes (approximately $655.79 per month).
Operating and maintenance costs (approximately $1005.54 per month).
HST on the total amount.
Utility ResponsibilityThe tenant is responsible for the consumption of water, hydro, and natural gas within the premises.
Tenant Rights
The tenant has the right to seek assignment and subletting, subject to prior written approval from the Landlord.
Usage Designation
The premises are exclusively designated for use as a Furniture Rental and Staging Business, in compliance with Municipal by-laws.
- Leasehold Rent:
-
$59,396 (CAD) per annum
- Location:
-
Accessibility is convenient, with ample customer parking shared among the building units, and there is designated overnight parking for one vehicle in the common areas.
- Premises Details:
-
This leased space, spanning approximately 3,747 sq ft, is thoughtfully designed with three distinct sections. The entrance boasts an open and well-lit layout with an inviting showroom atmosphere. The middle section features custom-designed, fixed shelving for organized storage, allowing customers to explore furniture and accessories seamlessly. The additional section serves for storage and loading purposes. Accessibility is convenient, with ample customer parking shared among the building units, and there is designated overnight parking for one vehicle in the common areas.
- Size in square feet:
- 3,747
Business Operation
- Expansion Potential:
-
Immigration growth impacts Real Estate demand In GTA. Government of Canada launched
the Immigration Levels Plan for 2023-2025 to promote Canada's economic development and address its labour market shortages.
The continued population growth in Toronto and the GTA is almost certain. Toronto remains a magnet for investment, business, people, and opportunity, and the Government of Ontario projections for the next 20-plus years show the GTA growing to a population of 10 million in 2046.Share of Ontario Population (%)
1986 1996 2006 2016 2026 2036 2046
GTA's population growth creates opportunities for economic growth and increases real estate demand and development. This trend will positively impact the demand for furniture and accessory rental needs, benefiting businesses like this furniture staging business opportunity.
- Reasons for selling:
-
The business partners have shifts in life focuses
- Trading hours:
-
Monday: 9:30 a.m.–4:30 p.m. Tuesday: 9:30 a.m.–4:30 p.m. Wednesday: 9:30 a.m.–4:30 p.m. Thursday: 9:30 a.m.–4:30 p.m. Friday: 9:30 a.m.–3 p.m. Saturday: Closed Sunday: Closed
- Employees:
- 3
- Years established:
- 2017
Other Information
- Support & training:
-
Available
- Relocatable:
- This business can be relocated.
