$128,000
Available - For Sale
Listing ID: C13242454
181 University Avenue , Toronto, M5H 3M7, Toronto


Excellent downtown Toronto location, directly across from Shangri-La Hotel and steps from the Hilton Hotel and Financial District, and the PATH system. Walk Score and Transit Score of 100. Long-established Platis Cleaners Dry Cleaning & Alterations with over 60 years of history and a strong reputation. High-traffic area with great growth potential. Approx. 80% dry cleaning , 20% alterations. Seller has operated the business for 12 years and is now preparing to retire. Independently operated business with no franchise agreement, no franchise fees, and no ongoing franchise obligations. A new lease may be available for a qualified buyer, subject to landlord approval. Very favourable occupancy costs compared to many other downtown Toronto locations. Great opportunity for an owner-operator, especially with alteration experience. Please contact the Listing Agent for further details.
Price $128,000
Taxes: $14208.00
Tax Type: TMI
Occupancy: Tenant
Address: 181 University Avenue , Toronto, M5H 3M7, Toronto
Postal Code: M5H 3M7
Province/State: Toronto
Directions/Cross Streets: University Ave/ Adelaide St W
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Dry Cleaning/Laundry
Total Area: 391.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Business/Building Name: PLATIS CUSTOM CLEANERS
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 7:30
Employees #: 1
Seats: 3
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOME STANDARDS BRICKSTONE REALTY
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Imran Gondal
Broker
Dir:
416-828-6614
Bus:
905-270-2000
Fax:
905-270-0047
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Bay Street Corridor
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $14,208
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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