$159,000

#3-1251 Yonge St

Rosedale-Moore Park, Toronto, Ontario, M4T 1W6

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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.

Property Info
MLS®: C8064270
Listing Courtesy of RE/MAX GOLD REALTY INC.
Total Bedrooms 0
Total Bathrooms 0
Basement N
Floor Space 0 sq.ft.
Style other
Last Updated 2024-03-27
Property Type Sale Of Business
Listed Price $159,000
Unit Pricing $159,000/sq.ft.
Strata Fee $0.00
Tax Estimate $6,000/Year
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