| Message Number | 94483 |
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| status | Active |
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| Subject Line | Toronto, Adult movies store, asking $ 55,000 incl. stock. 9 years same owner, excellent small business for one person, potential to grow. |
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| Business area | |
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| Location, City | Toronto |
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| Have/Want | Have |
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| Business category | Business Opportunities |
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| Date of Listing | February 14 2004 |
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| Type Description | Adult Movies |
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| Location | Toronto |
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| Price | $55,000.00 |
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| Price Comment | very reasonable |
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| Lease Price | $20,400.00 |
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| Size | 900 SF. |
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| Zoning | Commercial retail |
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| Gross Income | 114,000 |
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| Expenses | 59,000 |
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| Net Income | 55,000 |
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| Cap Rate | 75 % |
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| Comments | Owner moving out of town, the Business established for 9 years by the same owner, Potential to grow.
Expenses are: Rent + TMI + GST = $ 20,400 / year. GST + PST = $ 6,000/year. other expenses $ 33,000/year. Owner's income $ 55,000/year.
Asking price, $ 55,000 including chattels and stock ( 1,500 video + TV's + accessories) |
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| Internet Links | All about Toronto |
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| Client Details | Active Investor |
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| Client Situation | New Opportunity |
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| Clients Objective | Opportunity |
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| Motivation Rating | All Cash at Retail |
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| Client Wants | Business Opportunity |
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| Explain Client's Motivation | Moving out of town with family |
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| Broker's Recommendation | Excellent opportunity for small entrepreneur |
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| Control | Exclusive |
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| Name | Tony Habbaky |
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| Title | Broker |
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| Company Name | IPRO REALTY Ltd., Brokerage |
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| Address Line One | E101 1396 DON MILLS RD |
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| City | Toronto |
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| State/Province | Ontario |
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| Zip/Postal Code | M3B 3N1 |
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| Country | Canada |
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| Business Phone Number | (416)364-4776 |
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| Cell Number | 416 - 722 9500 |
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| Home Number | 416 - 722 9500 |
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| Email Address | Send Email |
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