$159,000 $854 est/mo Sourced by Back At You

1251 Yonge St,Toronto, ON M4T 1W6

Toronto ON, 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.


Listing TypeFor Sale
Days On Site105
Listing Provided ByRE/MAX GOLD REALTY INC. | BackAtYou


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Learn More About This Property

CountyToronto C09
Postal CodeM4T 1W6
Community NameRosedale Moore Park
Listing VS Median (in Rosedale Moore Park)
low | high
On Site:
low | high
Sourced by Back At You
Listing Updated: March 27, 2024 at 9:46:36 PM PDT