haho.ca
$59,999
For sale

1755 Brimley Road, Toronto (Bendale) - Business for Sale

1755 Brimley Road, Toronto (Bendale), Ontario, M1P0A3

Listed 83 days ago
Overview

This business in Toronto is for sale.

Description

Established Dry Cleaning & Alterations Business in Prime Scarborough LocationExcellent opportunity to acquire an established dry cleaning and alterations business located in a busy Superstore-anchored plaza at 1755 Brimley Road in Scarborough. Ideally situated near Highway 401, Scarborough Town Centre and established residential communities, the business benefits from excellent visibility, convenient access and consistent surrounding traffic.The approximately 300 sq. ft. retail space offers an efficient setup for the operation, with equipment and chattels in place for a seamless transition. The business offers significant potential for growth under an owner-operator with a focused marketing strategy and expanded alterations services.The current operation has benefited primarily from existing walk-in traffic, leaving considerable opportunity to increase revenue through advertising, customer outreach and service expansion. The alterations component presents additional upside, particularly with greater in-house service capabilities.The sale includes the business, inventory, equipment and chattels. A great opportunity for an owner-operator or entrepreneur seeking an established business in a highly accessible Scarborough location, with a strong existing customer base, low overhead and substantial room for future growth.Business is being offered for sale without the property (id:66096)

Property Details

MLS®
E13672494
Property Type
Business
Business Type
Service
Zoning
Commercial Retail
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
83 days ago

Features

Appliances
Microwave

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
83d
Toronto (Bendale) listings, avg age
68d
List price
$60K

Long Listed: 83 days on market, against an average age of 68 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

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

Listed by BAYTREE REAL ESTATE INC. · AMY YOUNG-MIN KIM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $59,999, about 0.8× the local median household income of $76,000.

Carrying it typically needs a household income of about $11,720 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$76,000
Population
45,170
Median age
39.6
Owner / renter
59% / 41%
Avg. household size
2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$59,999
For sale

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Financing

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$59,999

Toronto

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