7 First Street, Cornwall - Business for Sale
7 First Street, Cornwall, Ontario, K6H5R9
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
Long Listed: 210 days on market, against an average age of 79 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
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)
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$50,000
Cornwall