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    For Sale - 924 Eglinton Avenue, Toronto, Ontario

    Est payment $360/mo
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    Views   1
    Time on Jump  35 day

    AI Summary *

    • Established dry cleaning and alterations business with 24 years of service.
    • Loyal customer base provides stability and growth opportunities.
    • Potential to expand pickup and delivery services significantly.
    • Current lease extends until December 2027 with renewal option.
    • Ideal for owner-operators or established companies seeking expansion.




    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.
    Listing IDC13740616
    Address924 Eglinton Avenue
    CityToronto, Ontario
    Price$75,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Closed

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    Listing Brokerage: CENTRAL HOME REALTY INC.

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    924 Eglinton Avenue
    Toronto , Ontario
    $75,000
    Get more info