3 & 4 176 bullock Drive
Bullock
York
L3P 1R1
$998,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- N12413982
- Bus Major:
- Electronics
- Photos (4)
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Exceptional opportunity to acquire a highly profitable and well-established home appliance sales and service business in Markham, Ontario. With a remarkable 35-year history under the same dedicated ownership, this business has built an impeccable reputation and a loyal client base across a wide geographical area, including Uxbridge, Stauffville, Oshawa, Vaughan, Markham, Newmarket, and Scarborough. This multifaceted business generates impressive annual sales of approximately $3.1M, with a substantial net income of $550K. The business operations are diverse, encompassing major appliance sales, appliance parts distribution, authorized warranty services, and general appliance repair. A key competitive advantage is the exclusive access to open-box appliances from top brands like Maytag, Whirlpool, Amana, and Jenn-Air. The sale includes a robust fleet of vehicles: one box truck, two service vehicles, and one pickup truck, ensuring efficient operations and service delivery. The current owner is retiring, presenting a seamless transition for a new owner. An optional inventory valued at $300K-$500K is available for purchase. Vendor Take-Back (VTB) financing is a possibility, offering flexibility for a qualified buyer. The business operates from two strategic locations. The Woodbine location, a 9,000 sq ft facility, has a lease with a rent of $19K/month, with a new 5-year lease and a 5-year renewal option. The second location on Bullock Dr is seller-owned (2,428 SF) and can be either leased or purchased in addition to the Woodbine location lease assumption, providing a unique opportunity for real estate ownership.The business is supported by a skilled team of 11 employees. This is an incredible opportunity to take over a turnkey operation with a solid foundation and significant potential for growth, particularly by expanding into the Asian community. Don't miss out on owning a great business with decades of goodwill and a proven track record of success.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Retail Area:
- 2428 sq. ft. Sq Ft
- Depth:
- 64'19.5 m
- Frontage:
- 34'10.4 m
- Water supply:
- Municipal
- Zoning:
- Commercial
- Heating type:
- Gas Forced Air Open
- Garage:
- Outside/Surface
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- Included In
- Type Taxes:
- N/A
- Taxes:
- $0 / 2024
- Assessment:
- $- / -
- Markham
- Bullock
- York
- Yes
- One box truck, two service vehicles, one pickup truck, all fixtures in the Woodbine location, details shall be provided.
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Business/Building Name:
- Unionville Appliance
- Major Business Type:
- Electronics
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 6 Days
- Hours Open:
- 9
- Employees:
- 11
- Chattels:
- Yes
- LLBO:
- No
- Seats:
- 5
- Date Listed:
- Sep 19, 2025
Larger map options:
Listed by SUTTON GROUP-ADMIRAL REALTY INC.
Data was last updated September 19, 2025 at 04:15 AM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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