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