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$98,000

1395 Yonge St, Toronto, ON

Price: $98,000

Status: For Sale 

MLS®#: --

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Calculator $98,000
  • Tax: $33,000 (2019)
  • Community:Summerhill / Moore Park
  • City:Toronto
  • Type:Commercial
  • Size: 1,200 Sq Ft
Description

Opportunity to purchase established business, Moor Park Cleaners,  rare dry-cleaning plant in the affluent  Summerhill  at Yonge/St.Clair. The only licenced plant in the area, huge potential. Well established business, in operation since 1960s. Current owner wants to retire. Great for family, good sales, more than 220,000/year, great potential to bring new energy to develop new business and increase sales.

 

As a plant, can serve dry-cleaning depots and businesess in the area. New condominiums, already under constraction and future  developments, residential density, offices and numerous restaurants in the immediate area present tremendous opportunity for further business development.

Landlord will sign  long term lease with new operator. Asking Net rent $60 per sft., market average. 


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Boris Barandich

Sales Representative

Sutton Group Admiral Realty, Brokerage

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