1251 Yonge St 3, Toronto, Ontario

$159,000

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610

Square feet

About 1251 Yonge St 3

Unlock the gateway to entrepreneurial success with this dynamic dry cleaning depot in downtown Toronto! Nestled at Yonge St and St. Clair for over 30 years, it commands a loyal customer base and generates weekly sales of $3,800, with a net income of $90,000 annually. Spread across 610 square feet, the depot offers seamless operation with three efficient sewing machines, catering to various alteration needs. With a newly secured five-year lease starting June 24, 2023, inclusive of utilities such as TMI, Gas, and Water, the overheads remain remarkably low at $3,106 plus HST per month. Operating six days a week (9 AM to 6 PM on weekdays, 9:30 AM to 5 PM on Saturdays), this business presents a golden opportunity. Boasting 16 years of dedicated expertise, the current owner, who wishes to retire, ensures a smooth transition for the buyer. With no franchise obligations and the business up for sale, this turnkey operation is positioned for exponential growth.

Features of 1251 Yonge St 3

MLS® # C8064270
Price $159,000
Bathrooms 0.00
Square Footage 610.00
Type Commercial
Sub-Type Sale Of Business
Status A

Community Information

Address 1251 Yonge St 3
Area Toronto
Subdivision Rosedale-Moore Park
City Toronto
Province Ontario
Postal Code M4T 1W6

Amenities

Features Very Low Rent @ $3106 plus HST/Month(including Tmi/Gas/Water), Weekly Sales $3800, Net Income$90,000/Year. 16 Years Operation(Current Owner),610 Sq.ft. *HIGH QUALITY CUSTOMERS/BIG POTENTIAL FOR ALTERATIONS*
Garages None

Interior

Heating Gas Forced Air Open
Has Basement No

Exterior

Lot Description 0.00x0.00 Feet

Additional Information

Zoning Commercail

Listing Details

OfficeRE/MAX GOLD REALTY INC.

Listing Map

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