$2,495,000
Available - For Sale
Listing ID: N13702232
561 Edward Avenue , Richmond Hill, L4C 9W6, York
Listing image


Exceptional opportunity to acquire Crown Global Holding Inc., a well-equipped custom cabinet manufacturing business offered together with its Richmond Hill property. This unique turnkey operation is ideal for an owner-operator, investor, cabinet manufacturer, millwork company, or entrepreneur looking to establish or expand a high-quality manufacturing operation with both the business and real estate included. The property and facility have benefited from several hundred thousand dollars in improvements, creating a professional and highly functional manufacturing environment. The sale includes a complete range of top-brand machinery and equipment for custom cabinet manufacturing, with many machines having very low working hours. The equipment has been carefully selected to provide a modern and efficient production setup. A major highlight is the professional spray booth equipped with a rooftop make-up air system, providing a specialized finishing environment that is difficult and costly to replicate. The operation also includes tens of thousands of dollars in professional tools and several thousand dollars of inventory, providing a substantial head start for the new owner. Everything is fully paid off, with no equipment financing, making this an attractive opportunity to acquire significant tangible assets without assuming equipment debt. This is truly a one-of-a-kind setup in Richmond Hill, combining a strategically located property with a fully equipped custom cabinet manufacturing facility and substantial capital improvements. The buyer can take advantage of an existing professional infrastructure rather than spending years and significant additional capital building a comparable operation from the ground up. Business, property, machinery, tools and inventory are being offered together. Detailed equipment and asset information is available to qualified buyers upon request. Confidentiality applies.
Price $2,495,000
Taxes: $6698.16
Tax Type: Annual
Monthly Condo Fee: $748
Occupancy: Owner
Address: 561 Edward Avenue , Richmond Hill, L4C 9W6, York
Postal Code: L4C 9W6
Province/State: York
Legal Description: UNIT 7, LEVEL 1, YORK REGION CONDOMINIUM
Directions/Cross Streets: Edward Ave & Elgin Mills Rd. E
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: With Property
Use: Woodworking
Building Percentage: F
Total Area: 2340.00
Total Area Code:  Square Feet
Office/Appartment Area: 20
Office/Appartment Area Code: %
Office/Appartment Area Code: %
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Approximatly Age: 31-50
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 9 to 5
Employees #: 1
Seats: 1
Sprinklers: Yes
Washrooms: 3
Outside Storage: F
Crane: F
Clear Height Feet: 17
Drive-In Level Shipping Doors #: 1
  Height Feet: 12
  Width Feet: 10
Heat Type: Baseboard
Central Air Conditioning: Yes
Sewers: Sanitary
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REMAX YOUR COMMUNITY REALTY
Personal Picture
Hossein Vanishoja
Broker, ABR, SRS, P.Eng
Dir:
416-300-8000
Bus:
888-884-0105
Fax:
888-884-0106
 
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Richmond Hill
Neighbourhood: Devonsleigh
Style:
Lot Size: x 545.77(Feet)
Approximate Age: 31-50
Tax: $6,698.16
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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