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C5382357
$69,000

89 Sherbourne St (Richmond And Sherbourne)

Price: $69,000

Status: For Sale 

MLS®#: C5382357

$69,000
  • Tax: T.M.I. (2020)
  • Community:Moss Park
  • City:Toronto
  • Type:Commercial
  • Style:Sale Of Business
  • Size: 1,800 Sq Ft
  • Garage:Underground

Features:

  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsSan+Storm, Municipal

Listing Contracted With: RE/MAX ULTIMATE REALTY INC., BROKERAGE

Description

The Very Popular 9Round Fitness Franchise Located At Richmond And Sherbourne Is Available For Purchase! Very Profitable With Excellent Margins, Low Labour Costs, Very Little Material, And Set Up To Provide Excellent Net Operating (Noi) To An Owner, Even More If They Are Hands-On. Long Lease Of 3 + 5 + 5 Years Remaining, And Currently Paying $7,200 Gross Including Tmi And All Utilities. Located Beside A Tim Horton's And A Public Green P Parking Garage.


Highlights

Excellent Location At The Bottom Of A Condo Tower, With Neighbouring Condos On All Four Corners Of The Intersection. The Equipment In Excellent Condition, And Full Training To Be Provided By Franchisor. Low Royalties Of Only 10K Per Year.

Want to learn more about 89 Sherbourne St (Richmond And Sherbourne)?

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Lina G Gueorguieva., SRS

Broker

Re/Max Ultimate Realty Inc., Brokerage