181 University Avenue Unit G20, Toronto, ON M5H 3M7

Property Description

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.