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$58,880
Available - For Sale
Listing ID: E12085299
It will be 'sort of' a passive income for you. With a minimal time and effort you put, you will be able to expect gross income of $150k with the net income of $80k per year. Ideal for One of Four types of Buyer. 1) One who Works-At-Home or Hybrid condition where you can maximize side-income. 2) One who has NO skill for whatsoever business wants to operate something better than convenience store but with BETTER INCOME, 3) One who can advertise and boost the business. Current owner has never advertised for 6 years, and 4) One who has Alteration Skills can boost income for alteration. Current owner is outsourcing 100% of alteration orders to the factory. Very busy transaction in Superstore and all nearby on-going traffics. One and the only one Dry Cleaning Service in this area. Zero competition in the neighborhood. Potential future customers from the multiple residential developments condos under construction. He invested over $150k when he opened. Everything will be transferred to the new owner. HWY 401, Major Plaza alongside. Tons of parkings in the plaza. Rent is only $750/m for ALL INCLUSIVE with TMI & Utility. With this business, the owner earned enough financial assets and purchased many properties. He wants to retire and leave the city. Take this opportunity to takeover the successful business.
Price $58,880
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 1755 Brimley Road , Toronto, M1P 0A3, Toronto
Postal Code: M1P 0A3
Province/State: Toronto
Directions/Cross Streets: Brimley Rd & Progress Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Without Property
Use: Dry Cleaning/Laundry
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: 10-6
Employees #: 1
Seats: 0
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Interest Rate: %  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
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.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE LANDMARK REALTY INC.

1755 Brimley Road , Toronto, M1P 0A3, Toronto


 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto E09
Neighbourhood: Bendale
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Maintenance Fee: $0
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