Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$159,000
Available - For Sale
Listing ID: C8064270
1251 Yonge St , Unit 3, Toronto, M4T 1W6, Ontario
| 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: | $6000.00 |
| 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 |
| Category: | Without Property |
| Use: | Dry Clean/Laundry |
| Building Percentage: | Y |
| Total Area: | 610.00 |
| 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. |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Rosedale-Moore Park |
| Tax: | $6,000 |
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