






924 Eglinton Avenue W
Toronto C04, ON M6C 2C2
Price
$75,000
Building Size
1,000 sq ft
MLS# C13740616 | Listed by CENTRAL HOME REALTY INC.
Business Details
Business Type
Dry Cleaning/Laundry
Property Use
Without Property
Hours / Days
Open 6 Days
Franchise
No
Commercial Space & Financials
Retail Area
1,000 sq ft
Net Operating Income
$81,305
Property Description
An excellent opportunity to acquire a well-established Dry cleaning "depot" and Alterations business proudly serving the Forest Hill community and surrounding areas for over 24 years. The owner is retiring and is offering this established operation for an urgent & quick sale. With a loyal customer base, an established presence in the community, and significant room for growth, this is an attractive opportunity for an owner-operator or an established dry-cleaning company looking to expand. Annual Sales: Approximately $173,000, Seller-Reported Net Income: Approximately $81,300. Monthly Rent: $3,650 + HST. Current Lease: Expires December 2027, Renewal: 5-year option to follow. Hours:Monday-Friday: 9:00 AM-6:30 PM, Saturday: 9:30 AM-4:30 PM and Sunday: Closed. Significant Growth Potential, The business currently has substantial untapped potential for pickup and delivery services, Expanding into residential and commercial pickup and delivery could provide an excellent opportunity to increase sales and strengthen customer convenience. This is an ideal opportunity for an owner-operator seeking an established business with an existing customer base, or for an established dry-cleaning company looking to expand its footprint and customer reach in the Forest Hill area.
Price & Status History
Price history is locked
Location
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924 Eglinton Avenue W, Toronto C04 M6C 2C2
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Listing Courtesy of: CENTRAL HOME REALTY INC.
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