924 Eglinton Avenue W Toronto, Ontario M6C 2C2

$75,000

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. (id:55460)

Business

Business Type	Service
Business Sub Type	Dry Cleaning/laundry
Name	Ace Cleaners

Property Details

MLS® Number	C13740616
Property Type	Business
Community Name	Forest Hill North

Building

Age	51 To 99 Years
Cooling Type	Partially Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	1,000 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Zoning Description	Commercial

https://www.realtor.ca/real-estate/30229934/924-eglinton-avenue-w-toronto-forest-hill-north-forest-hill-north