$75,000
Available - For Sale
Listing ID: C13740616
924 Eglinton Avenue West , Toronto, M6C 2C2, Toronto
| 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. Confidential sale. Qualified buyers are encouraged to inquire for additional information and financial details. |
| Price | $75,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 924 Eglinton Avenue West , Toronto, M6C 2C2, Toronto |
| Postal Code: | M6C 2C2 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Eglinton Ave. / Bathurst St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Dry Cleaning/Laundry |
| Total Area: | 1000.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Business/Building Name: | Ace Cleaners |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 9-6:30P |
| Employees #: | 1 |
| Seats: | 0 |
| Water Expense: | $0 |
| Net Income Before Debt: | $81305 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTRAL HOME REALTY INC. |
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|
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto C04 |
| Neighbourhood: | Forest Hill North |
| Approximate Age: | 51-99 |
| Fireplace: | N |
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