Unlock the gateway to entrepreneurial success with this dynamic dry cleaning depot in downtown Toronto! Nestled at Yonge St and St. Clair for over 30 years, it commands a loyal customer base and generates weekly sales of $3,800, with a net income of $90,000 annually. Spread across 610 square feet, the depot offers seamless operation with three efficient sewing machines, catering to various alteration needs. With a newly secured five-year lease starting June 24, 2023, inclusive of utilities such as TMI, Gas, and Water, the overheads remain remarkably low at $3,106 plus HST per month. Operating six days a week (9 AM to 6 PM on weekdays, 9:30 AM to 5 PM on Saturdays), this business presents a golden opportunity. Boasting 16 years of dedicated expertise, the current owner, who wishes to retire, ensures a smooth transition for the buyer. With no franchise obligations and the business up for sale, this turnkey operation is positioned for exponential growth.
Mls | C8064270 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Days On Site | 303 |
Listing Provided By | RE/MAX GOLD REALTY INC. | BackAtYou |
Zoning | Commercail |
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State | ON |
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County | Toronto C09 |
City | Toronto |
Zip Code | M4T 1W6 |
Area | Toronto |
Community Name | Rosedale Moore Park |
Listing VS Median (in Rosedale Moore Park) | |
Price: $159,000 low | high Med: $0 On Site: 303 low | high Med: |