$59,999
For sale: Other

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
Sold data
Other homes in Toronto (Bendale) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Bendale) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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