Dry Cleaner & Alteration Business For Sale In Pickering!!

$179,999

Sale of Business in Pickering, ON

Listing Details

About the Business

Competition:

-Prime Corner Location (High Visibility & Easy Access) -Long-Established Reputation (25+ Years) -On-Site Alteration Services (Established Increased Revenue Streams) -Ideal for an Owner-Operator (Especially with Tailoring Skills) -Turnkey Operation -Stable Income & Strong Cash Flow - Favourable Lease Terms -Transition Support from Owner

Growth and expansion potential:

-Add Pickup & Delivery Service -Expand Alteration Services (High-Margin Area) -Expand Marketing & Online Presence -Partner With Local Businesses -Corporate / Uniform Contracts -Improve Workflow & Productivity

Support and training for new ownership:

There will be a training period provided by the owner to help become accustomed with the system and work flow.

Reason for selling:

Owner is looking to retire.

Description

Excellent corner location at Finch and Dixie in Pickering, offering high visibility and easy access in the heart of the suburbs. This well-established dry cleaning and alterations business has proudly served the Lakeview community and surrounding areas for over 25 years, earning a loyal customer base and consistent income. The operation includes on-site alteration services, making it an ideal opportunity for an owner-operator with tailoring or seamstress experience to further maximize profitability. Currently staffed with 2 experienced employees, the business runs smoothly and efficiently. A new 5-year lease (with 5-year renewal option) began in March 2024, with a monthly rent of $3,088.51 (TMI and HST included). The owner is retiring after 15 successful years and is willing to provide training to ensure a smooth transition. All equipment and chattels are included in the sale. Stable yearly sales generate approximately $100,000 net income, making this an excellent turnkey family business or investment opportunity.

Location & nearby

This listing is located in Pickering, ON L1V 6M4

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