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$159,000
Available - For Sale
Listing ID: C8064270
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*
Price $159,000
Taxes: $6,000
Tax Type: Annual
Occupancy by: Tenant
Address: 1251 Yonge St , Unit 3, Toronto, M4T 1W6, Ontario
Apt/Unit: 3
Postal Code: M4T 1W6
Province/State: Ontario
Directions/Cross Streets: Yonge St / St. Clair
Zoning: Commercail
Category: Without Property
Use: Dry Clean/Laundry
Building Percentage: Y
Total Area: 610
Total Area Code:  Sq Ft
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 6
Hours Open: 9 Am- 6
Employees #: 1
Seats: 1
LLBO: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX GOLD REALTY INC.

1251 Yonge St , Unit 3, Toronto, M4T 1W6, Ontario


 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Rosedale-Moore Park
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Tax: $6,000
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