#3 1086 Commissioners Road East, London South (South J) - Business for Sale
#3 1086 Commissioners Road East, London South (South J), Ontario, N5Z4W8
This business in London South is for sale. It has been on the market 9 days, fresher than the London South average of 59 days.
Description
Excellent opportunity to own Pond Mills Cleaners, an established dry cleaning and alterations business with approximately 40 years in business. Located at 1086 Commissioners Road East in London, this turnkey operation offers dry cleaning, professional tailoring and on-site alterations, serving a range of everyday garments, formal wear and specialty items. Attractive all-inclusive rent helps simplify operating expenses, making this an appealing opportunity for an owner-operator or entrepreneur looking to take over an established business with an existing customer base. Continue its long-standing reputation and build on its foundation for future growth. A great opportunity to step into an established business without starting from scratch! (id:66096)
Property Details
- MLS®
- X14125290
- Property Type
- Business
- Business Type
- Service
- Zoning
- ASA1 AS
- Frontage
- 1 ft
- Heating
- Other
- Cooling
- Fully air conditioned
- Listed
- 9 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 9 days on market, against an average age of 59 days across the listings currently for sale in this city
This business in London South (South J) has been listed for 9 days, which is 50 days fresher than the city average of 59. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N5Z)
This home lists at $189,988, about 2.9× the local median household income of $64,500.
Carrying it typically needs a household income of about $37,111 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $64,500
- Population
- 24,067
- Median age
- 40
- Owner / renter
- 62% / 38%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA N5Z)
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$189,988
London South