People come first – and it shows!
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:6370)
Listing courtesy of RE/MAX GOLD REALTY INC..
Listing data ©2022 Toronto Real Estate Board. Information deemed reliable but not guaranteed by TREB. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Data last updated: 2024-09-04 15:02:09 580
Your Community Team