#3 -1251 Yonge St Toronto, Ontario M4T 1W6
$159,000
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. **** EXTRAS **** Very Low Rent @ $3106 plus HST/Month(including Tmi/Gas/Water), Weekly Sales $3800, Net Income$90,000/Year. 16 Years Operation(Current Owner),610 Sq.ft. *HIGH QUALITY CUSTOMERS/BIG POTENTIAL FOR ALTERATIONS* (id:50617)
Business
| Business Type | Service |
| Business Sub Type | Dry Cleaning/laundry |
Property Details
| MLS® Number | C8064270 |
| Property Type | Business |
| Community Name | Rosedale-Moore Park |
Building
| Cooling Type | Fully Air Conditioned |
| Size Interior | 610 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
https://www.realtor.ca/real-estate/26509204/3-1251-yonge-st-toronto-rosedale-moore-park
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April 03 2024 02:02:02
Toronto Real Estate Board
RE/MAX Gold Realty Inc.
