50, Anderson, Greensborough, Markham, Commercial

MLS® Number N13842288
For Sale   $ 1
  • 3 baths | 
  • 3500 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Sale Of Business For Sale.

Excellent opportunity to acquire an established and fully renovated Islamic school serving the Markham community for the past 4 years. Operating under the Ontario curriculum and supported by Ontario Certified Teachers (OCT), the school provides a comprehensive academic program including Literacy, Math, Science, Social Studies, Gym and Art, complemented by daily Islamic Studies and Arabic language instruction. Currently employee-operated, this turnkey school presents an excellent opportunity for an owner-operator to enhance profitability and growth. Current enrollment is approximately 20 students, with significant potential to increase enrollment to approximately 50 students. Students are already registered for the current school year, providing continuity for the incoming operator. Convenient 5-day operation with shorter school hours. The professionally renovated facility features newer carpeting, 3 classrooms, a spacious open area, 3 washrooms, dedicated Wudu stations, storage and staff break area. Currently operated with 3 full-time and 3 part-time staff. Lease terms of 5 years + 5-year option to be negotiated. Current rent is approximately $5,500/month including TMI. Rare education zoning makes this a unique opportunity in Markham. Ideal for an experienced education operator, school administrator, or qualified owner-operator looking to build upon an established operation and growing student base. Seller may also consider a partnership with the right candidate. Please do not visit during school hours. Showings strictly by appointment only. Motivated Seller - bring your offer!

Cross Street: Markham/Bur Oak

Business Name: Islamic Academy of Markham

Key Facts

  • Days on: 0 days
  • Mls Status: New
  • Bathrooms Total Integer: 3
  • Lot Type: Unit
  • Garage Type: Outside/Surface
  • Heat Type: Gas Forced Air Closed
  • Cooling: Yes
  • Building Area Total: 3500 Square Feet
  • Retail Area: 3500 Sq Ft

Location 50, Anderson, Greensborough, Markham

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Kate Naccarato
Sales Representative 416-779-6085