1251 Yonge St , Toronto, ON M4T 1W6
Toronto, ON M4T 1W6
Description
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.
Details
| Mls | C8064270 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Days On Site | 302 |
| Listing Provided By | RE/MAX GOLD REALTY INC. | BackAtYou |
Features
| Zoning | Commercail |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| 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: 302 low | high Med: | |