Active

1251 Yonge St Unit: 3

Toronto Ontario, M4T 1W6

$159,000


Active

Other

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.

C8064270

MLS ID

April 2, 2024

Updated

Map

1251 Yonge St Unit: 3
Toronto Ontario, M4T 1W6

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Y


Heating

Yes


Heating Description

Gas Forced Air Open

Exterior/Building Features

Lot Size

0.05 Acres

Other Property Details

Area Name

Rosedale-Moore Park


Taxes

$6,000


Tax Frequency

Annually


Garage

No


Parking

None


View

No


County

Ontario


Municipality

Toronto


Water Source

Municipal


Pool

No


Zoning

Commercail

 

Courtesy of Listed by , RE/MAX GOLD REALTY INC.,

Based on information from the Toronto Regional Real Estate Board. 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. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 6:35 PM UTC, 4/2/2024

 

Powered byLuxury Presence