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Price Dropped by $249K
160 East Beaver Creek RD #29 Richmond Hill, ON L4B 3L4
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Beaver Creek Business Park
MLS Listing ID N12813076
Annual Tax Amount $7,314
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
10+ Years of Continuous Operations - Established in 2015, this business has built a loyal customer base and strong reputation in the GTA. The seller is retiring, offering a rare opportunity to acquire a turnkey operation. Beautiful and bright 2,012 sq. ft. showroom; lease term until July 31, 2027 with another three years renew options. Two Streams of Revenue: 1. Flooring Division (Showroom Based): - Fully stocked showroom featuring engineered hardwood, luxury vinyl plank (LVP), and complementary flooring products. - established supplier relationships across the supply chain. - Display inventory and samples included 2. Renovation Division: - Full-service residential renovation capabilities. - Expanding product lines include: Smart toilets and bidets; Smart doorbells and home security integration; Kitchen cabinets and millwork; Bathroom vanities and fixtures; - Commercial renovation projects also serviced (select clientele) Growing Smart Home Product Line - Positioned for the growing demand in home automation and smart technology integration. FINANCIAL & OPERATIONAL: - Profitable Operations - Verified financials available to qualified buyers upon signing a Confidentiality Agreement. - Lease in Place - Commercial unit in high-traffic Beaver Creek Business Park; - Inventory valued at approximately $50,000(at cost), including all showroom flooring samples, display units, and etc. - Equipment Included - Office furniture, shelving, display racks, computer systems, and renovation tools/equipment (Equipment list will be provide for qualified buyers); - Training/Transition Support - Seller willing to provide Two weeks reasonable training period to ensure smooth handover; FINANCING AVAILABLE: VENDOR FINANCING may be available for qualified buyer. Terms to be discussed upon conditional agreement. The seller has spent a decade building supplier relationships, customer trust, and operational systems.
Location
Province ON
County York
Area York
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Others
Security Features No
ParcelsYN No
Listed by BAY STREET GROUP INC.
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