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932 KINGSTON ROAD, Toronto (East End-Danforth), Ontario

$199,999

MLS® E13869416

SARAH'S DRY CLEANERSEstablished Dry-Cleaning Depot Business for Sale | Kingston Road, TorontoTHE OPPORTUNITYAn excellent opportunity to acquire Sarah's Dry Cleaners, an established and turnkey dry-cleaning depot serving the Kingston Road community since 2006.The business has an established customer base, strong annual income, and a streamlined operating model with relatively low overhead. The entire business is being offered for sale, including the business name, equipment, fixtures and chattels.KEY HIGHLIGHTSEstablished Since: 2006Location: Kingston Road, TorontoMonthly Lease: $2,100Current Lease Expiry: August 2027Renewal: 3-year lease extension availableBusiness: Fully operational and turnkeyBUSINESS MODELSarah's Dry Cleaners operates as a dry-cleaning depot. Garments are collected at the location and transported to a professional off-site cleaning facility for processing, then returned to the store for customer pickup.This streamlined depot model helps maintain lower operating and overhead costs, without the significant expense of operating a full dry-cleaning plant on-site.SERVICES & EQUIPMENTThe sale includes:* Dry-cleaning depot operation* Seamstress equipment* Shoe repair equipment* Existing business equipment, fixtures and chattels* Business name and established operation* Existing customer base and goodwillLEASEThe current lease is $2,100 per month and runs through August 2027, with a three-year lease extension available.FINANCIAL INFORMATIONThe business generates strong annual income and benefits from a relatively low-overhead operating structure.Detailed financial information and additional business details will be made available to serious and qualified inquiries only.TURNKEY OPPORTUNITYA well-established business with 20 years of operating history, an existing customer base, multiple service offerings and a proven depot model.Ideal for an owner-operator or investor seeking an established service busines (id:56426)

REBECCA SAINI

Listed by REAL ESTATE HOMEWARD

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
22,055
Median household income
$102,350
Median home value
$898,844
Owner-occupied
55%
Homes for sale
118
Median list price
$788,000

Source: Statistics Canada 2021, LiveBy

Map of East End-Danforth
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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