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#3 -1251 Yonge St Toronto, Ontario - MLS#: C8064270

610 sqft
Fully Air Conditioned

$159,000

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:51158)


MLS: C8064270 For sale : #3 -1251 YONGE ST Dry clean Depot with 3 Sewing Machines*No Franchise*Yonge/St. Clair*Excellent Location In Downtown*Sale Of Business*Profitable & Steady Business*EASY OPERATION*Rent Tmi/Hst/Water/Heat Included*5 years New Lease(June 24/2023) **Weekly Sales $3800/week*The Owner Operating For More than 16 Years. 6 Days(9-6 Week)(9:30-5 on Sat)*Owner Wants To Retire*Depot Same Location Over 30 Years*Repeat & Loyal Clients*Big Opportunity To Increase Alterations**** 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 Sqf*HIGH QUALITY CUSTOMERS*BIG POTENTIAL FOR ALTERRATIONS* (id:51158)

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Business

Business Type Service
Business Sub Type Dry Cleaning/laundry

Property Details

MLS® Number C8064270
Property Type Business
Community Name Rosedale-Moore Park

About #3 -1251 Yonge St, Toronto, Ontario


Building

Cooling Type Fully Air Conditioned
Size Interior 610 Sqft
Utility Water Municipal Water

Land

Acreage No

https://www.realtor.ca/real-estate/26509204/3-1251-yonge-st-toronto-rosedale-moore-park

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April 03 2024 02:02:02

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