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$ 250,000
Est. payment /mo
Price Dropped by $50K
Address not disclosed Toronto C13, ON M3C 0E7
1 Bath
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Banbury-Don Mills
MLS Listing ID C12470268
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Premium Men's Wear Custom and RTW store in the Shops at Don Mills. Imagine yourself in a finely tailored custom suit, seated in a classic club armchair, welcoming clients and guiding them through the art of selecting fabrics, cuts, and styles. As Toronto continues its back-to-office momentum, the demand for bespoke professional attire is stronger than ever, making this a rare opportunity to step into an established business serving an affluent and style-conscious clientele. This premium men's wear store has been in continuous operation for over 19 years, with five successful years at its current high-traffic location in the Banbury-Don Mills area. The current owner is transitioning to focus on his second store in Steels West Industrial Area in Vaughan. This will create a unique mentorship opportunity for a flying start. The business offers: A prime leased premises among prestigious retail neighbors, with the current lease secured until June 2026, with 3 - 5 years extension options for the future. A loyal, upscale customer base built on decades of craftsmanship and service. Full supply chain and operational support from the current owner, to ensure a smooth handover backed by a global supply network offering competitively priced fabrics and materials. Strong growth potential, ideal for a family business or entrepreneurial team looking to engage with Toronto's professional community.
Location
Province ON
County Toronto
Community Banbury-Don Mills
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 18.0
Lot Depth 50.0
Building
Building Age 6-15
Others
Security Features Yes
ParcelsYN No
Listed by iCloud Realty Ltd.
