Buyers

Top 7 Businesses For Sale by Owners in Toronto (2024)

1. Established And Profitable Speaker Business :

Established in 1983, this profitable speaker business boasts thousands of existing corporate and retail customers. Specializing in retail and dealer sales and service, the business is open on weekends and leverages online sales through its website to maximize profits. The company serves as an inventory and distributor for Cerwin Vega and Max Fidelity, available for sale at an additional cost.

  • Location: Toronto, Ontario
  • Asking Price: $250,000 (CAD)
  • Revenue: $1M (CAD)
  • Profit: $500K (CAD)

Key Features:

  • Established in 1983
  • Profitable retail and dealer sales
  • Open on weekends
  • Utilizes online sales for increased profits
  • Inventory and distributor for Cerwin Vega & Max Fidelity available

Property Information:

Real Estate: Lease

Lease Terms: Full monthly gross rent including utilities: $5,705

Location: Directly south of Eglinton Square Shopping Centre, Home Depot, Walmart, and other retail stores & restaurants. High traffic location.

Size: 5,000 sq. ft.

Business Operation:

Expansion Potential: Open on weekends and launch online sales to increase revenue and profits.

Competition / Market: The shop is a destination for speaker repair services.

Reasons for Selling: Owner retiring. Excellent opportunity to acquire an established and highly profitable business.

Trading Hours: 10 am - 6 pm Monday to Friday.

Employees: 5

Support & Training:

The seller can provide training for specialized speaker repair work and continue as a consultant if desired.

Financing:

Private financing available OAC.

Furniture / Fixtures Value: $50,000 (CAD) - included in the asking price

Inventory / Stock Value: $1,800,000 (CAD)

Relocatable: This business can be relocated.

>> Make an Offer <<

2. Fabrication And Manufacturing $11+ Million In Collateral For Sale :

This niche fabrication and manufacturing company in Toronto exhibit robust year-over-year growth, supported by a diverse and recurring client base. The purchase includes assets exceeding $11 million, over-collateralizing the bank loan by $1.9 million. Catering to industries such as agriculture, automotive, electrical, medical, lawn & garden, and government, they specialize in manufacturing industrial springs, wire forms, and stamping. The breakdown of revenue includes 42% wire forms, 31% springs, 21% stamping, 4% assembly, and 2% miscellaneous. With a 46,900 sq. ft. upgraded facility built in 2006, the business serves both domestic and international clients, with the United States and Mexico contributing 26% of the revenue.

  • Location: Toronto, Ontario
  • Asking Price: $9,565,000 (CAD)
  • Revenue: $5,204,180 (CAD)
  • Profit: $1,143,080 (CAD)

Key Features:

  • Strong year-over-year growth
  • Diverse recurring client base
  • $11M+ in collateral
  • Over-collateralized bank loan by $1.9M
  • Wide range of industries served
  • Upgraded 46,900 sq. ft. facility

Property Information:

Real Estate: Real Property Included

Facilities: 46,900 sq. ft. built in 2005; Facility Appraisal: $7,400,000 – The Firm Advisors does not broker or represent the real estate.

Business Operation:

Reasons for Selling: Retirement Planning

Employees: 19

Years Established: 45

Support & Training:

All owners plan to stay with the business for 2-5 years post-purchase to continue their current responsibilities and/or train replacements. This is factored into the cash flow.

Owner Financing:

Owner financing is available. Please contact the seller for more information.

Financing Structure:

10% Buyer Down Payment: $956,500

10% Seller Financing or Equity Roll: $956,500

80% Bank Loan: $7,652,000

Note: There is $1.9M in additional collateral over the total asking price, and the loan of $7,652,000 would be over-collateralized by 47%.

>> Make an Offer <<

3. Industrial Equipment Machinery Global Business For Sale :

This business, based in Toronto, specializes in the sales of new and used die casting and foundry-related machinery. The offering includes two interconnected companies, one dealing in new industrial machinery and equipment, and the other in used die casting machines, equipment, and industrial machinery. The extensive product range caters to various industries, and the client base spans over 30 countries across 5 continents.

  • Location: Toronto, Ontario
  • Asking Price: $5,000,000 (CAD)
  • Revenue: $4,309,893 (CAD)
  • Profit: $527,088 (CAD)

Key Features:

  • Sales of new and used die casting machinery
  • Manufacture and sale of new machines
  • Purchase and resale of used machines
  • Global presence in over 30 countries
  • Competitive pricing and consistent growth
  • Focus on a niche market of large industrial furnaces
  • Successful strategy of offering both new and used equipment

Property Information:

Premises Details: Detailed information available in Confidential Information Memorandum (CIM)

Business Operation:

Expansion Potential: Detailed information available in CIM

Competition / Market: Detailed information available in CIM

Reasons for Selling: Other projects

Employees: 22

Years Established: 1998

Support & Training:

Provided at no charge to enable a smooth transition.

Financing:

Seller does not wish to finance.

Inventory / Stock Value:

$4,250,000 (CAD) - included in the asking price.

>> Make an Offer <<

4. Supermarket Downtown In Toronto For Sale :

This supermarket, located in downtown Toronto, boasts over $4 million in annual sales, offering a diverse range of fine produce, groceries, and catering services. With a history of 16 successful years, this well-established market caters to a loyal customer base. The store features a cafe, a deli counter, fresh meat and seafood sections, and an array of globally sourced cheeses. Gourmet ready meals, prepared daily from scratch, add to the store's appeal.

  • Location: Toronto, Ontario
  • Asking Price: $1,390,000 (CAD)
  • Revenue: $4,000,000 (CAD)
  • Profit: $250K - $500K (CAD)

This supermarket, located in downtown Toronto, boasts over $4 million in annual sales, offering a diverse range of fine produce, groceries, and catering services. With a history of 16 successful years, this well-established market caters to a loyal customer base. The store features a cafe, a deli counter, fresh meat and seafood sections, and an array of globally sourced cheeses. Gourmet ready meals, prepared daily from scratch, add to the store's appeal.

Key Features:

  • Prime location in Downtown Toronto
  • Over $4 million in annual sales
  • Diverse product range, including fine produce, groceries, and catering services
  • Cafe, deli counter, fresh meat and seafood sections, and a variety of global cheeses
  • Gourmet ready meals prepared daily on-site
  • Catering services for small groups and large events
  • Profitable business with great profit margins
  • Well-built and maintained store with 16 years of history
  • Fully equipped kitchen on-site
  • 25 employees
  • Owner retiring after building the store 16 years ago

Property Information:

Real Estate: Lease

>> Make an Offer <<

5. Profitable Pet Business Online And Offline Business For Sale :

Located in Toronto, Ontario, this Pet Business presents a lucrative opportunity for interested buyers. With an asking price of $1,050,000 CAD, the business boasts a substantial financial track record.

  • Location: Toronto, Ontario, Canada
  • Asking Price: $1,050,000 (CAD)
  • Revenue: $1M - $5M (CAD)
  • Profit: $250K - $500K (CAD)

Key Features:

  • The business has established a robust online presence with a thriving pet supply platform, catering to over 10,000 registered users.
  • Complementing the online success, the business operates a 900 sqft brick-and-mortar store with an integrated grooming business.
  • Situated in a master-planned condo community featuring 16 condo buildings, the store enjoys a strategic location.
  • Recent renovations, amounting to approximately $300,000, have enhanced the store's facilities, including the addition of professional grooming equipment.
  • The business benefits from an excellent lease arrangement with exclusive usage rights within the community.
  • A matured supply chain and efficient delivery channels contribute to the business's ease of management.
  • The business exhibits franchise potential, offering opportunities for expansion in the market.
  • The seller is open to providing financing options for qualified buyers.
  • The sale includes an inventory valued at around $180,000.

This Pet Business represents not only a sound investment but also the chance to engage in a thriving market with diverse revenue streams. The combination of online and offline operations, along with strategic positioning, makes this business an appealing prospect in the pet industry.

>> Make an Offer <<

6. Very Profitable Cannabis Retail Business In Toronto For Sale :

This Cannabis Dispensary, strategically situated in the heart of North York, Toronto, continues to be on the market, presenting a compelling opportunity for potential buyers. Here are the essential details:

  • Location: Toronto, Ontario, Canada
  • Asking Price: $580,000 (CAD)
  • Revenue: $1M - $5M (CAD)
  • Profit: $250K - $500K (CAD)

Key Features:

  • Prime location on Yonge Street, offering street front access and exposure to a busy area.
  • High foot traffic, attracting both walk-ins and repeat clients.
  • Positive Google reviews, indicating a favorable reputation.
  • Surrounded by condo and office buildings, providing a diverse customer base.
  • Fully licensed and professionally finished, ready for immediate operation.
  • Strong sales performance, averaging $2 million per year.
  • The owner's decision to sell is based on relocation, creating an opportunity for a quick sale.

This Cannabis Retail Business is equipped with furniture/fixtures valued at $200,000 (CAD) and inventory/stock valued at $100,000 (CAD). Don't miss out on this chance to venture into the thriving cannabis industry in Toronto.

>> Make an Offer <<

7. Manufacturer Of Specialty Signs Business In Toronto For Sale :

Embark on a lucrative venture with this well-established family-run manufacturing company, specializing in niche market specialty signs. Here are the details of this exclusive opportunity:

  • Location: Toronto, Ontario, Canada
  • Asking Price: $2,500,000 (CAD)
  • Revenue: $3,800,000 (CAD)
  • Profit: $250K - $500K (CAD)

Key Features:

  • Longevity: Established for 45 years, demonstrating stability and a strong market presence.
  • Niche Market: Specializes in specialty signs with a large customer base and minimal competition.
  • Operational Flexibility: Can be managed by an absentee owner with some supervision.
  • Real Estate Option: The seller owns the building, which can be leased at market rental rates or relocated based on the buyer's preference.

Property Information:

Real Estate: Lease (Terms negotiable)

Location: Prime industrial area with easy access to transportation routes.

Premises: 45,000 square foot space, offering room for expansion (currently 75% utilized).

Business Operation:

Expansion Potential: Significant potential for growth, especially with untapped marketing opportunities.

Competition/Market: Limited competition in the niche market.

Reasons for Selling: Health and retirement of the owner.

Trading Hours: Regular business hours, operating 5 days a week.

Employees: 12

Support and Financing:

Support & Training: Well-established management in place for comprehensive training and support.

Owner Financing: Available – Contact the seller for details.

Financing: Possibly available.

Inventory/Stock Value: $450,000 (CAD) - included in the asking price

Relocatable: Yes, the business can be relocated.

Don't miss out on this unique opportunity to enter a niche market with a well-established and flexible business model. Contact us for more information and to explore the possibilities!

>> Make an Offer <<



Conclusion

To sum up, the businesses available for sale by owners in Toronto present diverse investment opportunities in 2024. Each business offers unique features and financial potential:

Established And Profitable Speaker Business: Priced at $250,000, this business, established in 1983, specializes in retail and dealer sales and service for Cerwin Vega and Max Fidelity. It has a strong online presence and is open on weekends, offering a profitable opportunity in the speaker industry.

Fabrication And Manufacturing $11+ Million In Collateral: With an asking price of $9,565,000, this Toronto-based fabrication and manufacturing company exhibits robust year-over-year growth. The purchase includes assets exceeding $11 million, with collateral over-collateralizing the bank loan by $1.9 million, providing a solid investment in industrial manufacturing.

Industrial Equip Machinery Global Business: Priced at $5,000,000, this business in Toronto specializes in the sales of new and used die casting and foundry-related machinery. With a global presence in over 30 countries, it caters to various industries and offers a unique opportunity in the industrial machinery sector.

Supermarket Downtown In Toronto: Available for $1,390,000, this downtown Toronto supermarket generates over $4 million in annual sales, offering a diverse range of products and catering services. With 16 successful years in business, it represents a profitable venture in the retail and grocery industry.

Profitable Pet Business Online And Offline: Priced at $1,050,000, this pet business in Toronto combines online and offline operations, serving over 10,000 registered users. With recent renovations, a fully equipped kitchen, and franchise potential, it provides a sound investment in the thriving pet industry.

Very Profitable Cannabis Retail Business: Asking $580,000, this cannabis dispensary in North York, Toronto, enjoys a prime location on Yonge Street. With high foot traffic, positive reviews, and strong sales performance, it offers a compelling opportunity in the cannabis retail sector.

Manufacturer Of Specialty Signs Business: Priced at $2,500,000, this family-run manufacturing company in Toronto specializes in niche market specialty signs. With 45 years of establishment, limited competition, and operational flexibility, it presents a unique and stable opportunity in the signage industry.

These businesses cover a range of industries, providing potential buyers with options based on their preferences, interests, and investment criteria.

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