924, Eglinton, Forest Hill North, Toronto, Commercial

MLS® Number C13740616
For Sale   $ 75,000
  • 1000 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Sale Of Business For Sale.

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.

Cross Street: Eglinton Ave. / Bathurst St.

Business Name: Ace Cleaners

Key Facts

  • Days on: 7 days
  • Mls Status: New
  • Lot Type: Unit
  • Garage Type: Street
  • Heat Type: Gas Forced Air Closed
  • Cooling: Partial
  • Building Area Total: 1000 Square Feet
  • Retail Area: 1000 Sq Ft

Location 924, Eglinton, Forest Hill North, Toronto

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Kate Naccarato
Sales Representative 416-779-6085