924 Eglinton Avenue W, Toronto, ON M6C 2C2
For Sale

924 Eglinton Avenue W

Forest Hill North, Toronto

1,000 sqft

C$ 75,000

Property overview

A residence that redefines forest hill north living

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.

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Financing

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C$
%

C$ 15,000

%
yrs

Estimated monthly payment

C$ 360

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Estimate only. Verify with a qualified broker.

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Google reviews

4.9

124 reviews · Google

Marcus Heyns2 weeks ago

Pavel was extraordinary from first contact to transfer. He understood exactly what we were looking for and never once…

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Sophie Delacroix1 month ago

Calm, sharp and endlessly patient. He never once pushed us into a decision we were not ready for. Highly recommend.

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Emmanuel Osei2 months ago

Sold above asking in a soft market. Staging advice alone paid for itself several times over. Deeply professional.

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