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230 Adelaide St East, Toronto

Business Name
BoConcept
Price
$599,000
Property Type
Retail
Neighbourhood
Moss Park
Square Feet
4590

Property Description

Take advantage of a rare opportunity to own a highly reputable and extremely successful upscale furniture brand specializing in both upholstered and wooden furnishings, alongside premier interior design services. BoConcept, a Danish-based brand renowned for its Scandinavian-inspired designs, has been a leader in the industry for over 70 years, collaborating with some of the world’s top designers.

Operating since 2017, this established business has demonstrated robust sales, impressive owner salaries, and a strong net operating income (NOI). With a spacious 4,590 sq ft showroom, the business not only attracts a loyal customer base but also offers an in-house Interior Design Service, catering to everything from small-scale furniture updates to comprehensive remodeling projects.

Financial Highlights:

  • Net Rent: $11,475/month
  • TMI: $5,355/month
  • Lease Term: 7 years remaining
  • Sales Range: $1.8M – $2.2M annually
  • Strong NOI and Owner Salary

This business presents significant untapped potential for further growth, making it an exceptional opportunity for passionate investors and entrepreneurs. Please do not go direct or speak to staff! Your discretion is appreciated.

Don’t miss out on this incredible opportunity to acquire a thriving business with a prestigious brand and substantial growth potential.

Property Location

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