$149,000 FOR SALE

Business for Sale

Dry Clean/Laundry

Lot: 146.65 x 120 ftTotal Area: 2,100 ft2
Maintenance Fees: $1,431

1024 Oxford St E
London, ON N5Y 3K9 | Middlesex

Established & Profitable Dry Cleaning Plant Depot. On-Site Dry Cleaner In Beautiful London On, Repeat Customer Base With Lots Of Potentials To Build A Continuous Income. No Franchise, Independent, Superb Location, High Visibility, Short Working Hours And Turn-Key Business, Stable Income And Lots Of Potential For Hard Working People. Profit Margins, Easy To Operate, Low Rent, Loyal Customer Base. The Owner Wishes To Retire.

Extras
Fixtures & Equipment Included In Sale. Nice Long Term Lease. Owner Will Train New Buyer For Ease Of Transition. Total Area: 2100 Sq Ft. Rent $3,250+Hst Gross Revenue : $82,000 Apprx (2021) Gross Revenue : $246,000 Apprx (2020)

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Listed By HOME STANDARDS BRICKSTONE REALTY, Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X5715327
Last Updated Nov 03, 2022
Property Summary
Property Type Business For Sale

More like this:
Use Dry Clean/Laundry
Franchise Non-Franchise
Category Without Property
Legal Description Lots 143,144,145,146,147,148 &149 Plan 490L
Occupancy Owner
Possession Date Tba
Maintenance Fees $1,431
Directions/Cross Streets Stuart Street
Area Middlesex
Price History
Interested in obtaining the full price history for this property?
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Detailed Information
Freestanding N
Bathrooms 1
Lot 146.65 x 120 ft
Retail Area 100 ft2
Industrial Area 1,900 ft2
Office/Apt Area 100 ft2
Total Area 2,100 ft2
Approximate Age 16-30
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type None
Parking Spaces 8
Amps 200
Volts 220
Days Open 6
Hours Open 9-6
LLBO N
Employees 2
Heat Type Other
Financial Statement N
Gross Income/Sales $252,405
Net Income Before Debt $64,337
Hydro Expense $3,900
Insurance Expense $2,426
Operating Expenses $141,700
Year Expenses $2,021
Expenses Actual/Estimated Act
Estimated Inventory Values At Cost $159,508
Outside Storage N
Area Influences Major Highway
Soil Test N
Sprinklers N
Sewers Sanitary
Utilities Y
Water Municipal
Clear Height 9 feet
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning Ac2 Ac4 Ac5
Seller Property Info Statement N

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