About this Business in Humber Summit
This is a prime opportunity to acquire a turnkey luxury optical business located in a high-traffic commercial plaza at 2930 Islington Avenue, North York. Offered as a complete Asset Sale due to the owner's relocation, the business is exceptionally attractive because it includes a very cheap, below-market-rate commercial lease, which locks in a low operating cost and provides a massive competitive advantage over any new store opening nearby. The sale features brand new, high-e…nd leasehold improvements and fully equipped clinical and dispensary areas, allowing a buyer-such as an expanding Optician or Optometrist-to bypass the significant time and cost of a ground-up build and immediately begin generating revenue while benefitting from the highly favorable existing lease terms.
Listed by CENTRAL COMMERCIAL.
This is a prime opportunity to acquire a turnkey luxury optical business located in a high-traffic commercial plaza at 2930 Islington Avenue, North York. Offered as a complete Asset Sale due to the owner's relocation, the business is exceptionally attractive because it includes a very cheap, below-market-rate commercial lease, which locks in a low operating cost and provides a massive competitive advantage over any new store opening nearby. The sale features brand new, high-end leasehold improvements and fully equipped clinical and dispensary areas, allowing a buyer-such as an expanding Optician or Optometrist-to bypass the significant time and cost of a ground-up build and immediately begin generating revenue while benefitting from the highly favorable existing lease terms.
Listed by CENTRAL COMMERCIAL.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.
More Details
- Type: Business
- Size: 753 sqft
- Property Use Type: Medical/Dental
- $/SQFT: $119.26