haho.ca
$50,000
For sale

7 First Street, Cornwall - Business for Sale

7 First Street, Cornwall, Ontario, K6H5R9

Listed 210 days ago
Overview

This business in Cornwall is for sale.

Description

Established Downtown Tailoring & Dry Cleaning Business for Sale - Suzy Tailor & Dry Cleaners. An excellent opportunity to own a long-standing and reputable tailoring and dry cleaning business in the heart of downtown Cornwall. This well established business has built a loyal customer base over the years and benefits from steady foot traffic and strong community presence. This is a business only sale located in a leased premises, making it an ideal turnkey opportunity for an owner-operator or entrepreneur looking to step into a ready to run operation. The sale includes: 5 sewing machines, 1 press, Inventory of zippers, threads, and some supplies. The space is fully set up for tailoring and garment care services, allowing a seamless transition for the new owner. With consistent demand for alterations and dry cleaning services, there is strong potential for continued growth and expansion. Affordable purchase price of $50,000 makes this an attractive investment for anyone looking to enter or expand in the industry. Lease Information: The business operates in a leased location. The purchaser will be required to obtain landlord approval and enter into a new lease agreement with the landlord, subject to their terms and conditions. (id:66096)

Property Details

MLS®
X12968344
Property Type
Business
Business Type
Service
Zoning
CBD
Heating
Baseboard heaters
Cooling
None
Listed
210 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
210d
Cornwall listings, avg age
79d
List price
$50K

Long Listed: 210 days on market, against an average age of 79 days across the listings currently for sale in this city

Haho

This business in Cornwall is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by CENTURY 21 SHIELD REALTY LTD. · KELSSIE OAKES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K6H)

This home lists at $50,000, about 0.8× the local median household income of $61,200.

Carrying it typically needs a household income of about $9,767 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$61,200
Population
30,440
Median age
46
Owner / renter
55% / 45%
Avg. household size
2.2

Source: Statistics Canada, 2021 Census (FSA K6H)

$50,000
For sale

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Financing

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$50,000

Cornwall

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