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. (id:13843)
| MLS # | C13740616 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 61 |
| Listing Provided By | CENTRAL HOME REALTY INC. | PETER AHN |
| SQ Feet | 1,000 |
|---|---|
| Zoning | Commercial |
| Cooling | Partially air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 0 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Forest Hill North) |
| Postal Code | M6C2C2 |
| Listing VS Median (in M6C2C2) | |
Price: $75,000 low | high Med: $75,000 sqft: 1,000 low | high Med: 1,000 $ / sqft: $75 low | high Med: $75 On site: 61 low | high Med: 61 | |
| Province | ON |
|---|---|
| City | Toronto (Forest Hill North) |
| Postal Code | M6C2C2 |
| Listing VS Median (in M6C2C2) | |
Price: $75,000 low | high Med: $75,000 sqft: 1,000 low | high Med: 1,000 $ / sqft: $75 low | high Med: $75 On site: 61 low | high Med: 61 | |