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SaleSale Of Business

924 Eglinton Avenue W

Toronto C04, ON M6C 2C2

Price

$75,000

Building Size

1,000 sq ft

MLS# C13740616 | Listed by CENTRAL HOME REALTY INC.

Business Details

Business Type

Dry Cleaning/Laundry

Property Use

Without Property

Hours / Days

Open 6 Days

Franchise

No

Commercial Space & Financials

Retail Area

1,000 sq ft

Net Operating Income

$81,305

Property Description

An excellent opportunity to acquire a well-established Dry cleaning "depot" and Alterations business proudly serving the Forest Hill community and surrounding areas for over 24 years. The owner is retiring and is offering this established operation for an urgent & quick sale. With a loyal customer base, an established presence in the community, and significant room for growth, this is an attractive opportunity for an owner-operator or an established dry-cleaning company looking to expand. Annual Sales: Approximately $173,000, Seller-Reported Net Income: Approximately $81,300. Monthly Rent: $3,650 + HST. Current Lease: Expires December 2027, Renewal: 5-year option to follow. Hours:Monday-Friday: 9:00 AM-6:30 PM, Saturday: 9:30 AM-4:30 PM and Sunday: Closed. Significant Growth Potential, The business currently has substantial untapped potential for pickup and delivery services, Expanding into residential and commercial pickup and delivery could provide an excellent opportunity to increase sales and strengthen customer convenience. This is an ideal opportunity for an owner-operator seeking an established business with an existing customer base, or for an established dry-cleaning company looking to expand its footprint and customer reach in the Forest Hill area.

Price & Status History

Price history is locked

Location

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924 Eglinton Avenue W, Toronto C04 M6C 2C2

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Listing Courtesy of: CENTRAL HOME REALTY INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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