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$ 124,990
Est. payment | /mo
1 Bath
$ 124,990
Est. payment | /mo
1 Bath
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision 1119 - Notting Hill/Summerside
MLS Listing ID X12537000
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Profitable Turnkey Business in a Prime Orleans Location! Since 2014, Threads Tailors & Cleaners is a well-known local business trusted for exceptional alterations and reliable dry cleaning services. Situated in a busy commercial plaza surrounded by major retailers such as Sobeys, LCBO, Tim Hortons, CIBC, and Gabriel Pizza, the business enjoys steady walk-in traffic and high visibility year-round. This operation comes with a strong and loyal client base, proven track record of performance, and detailed financial statements available for qualified buyers. The seller reports 2024 gross revenues of approximately $255,000 with net earnings around $102,000, showcasing consistent profitability. Services include tailoring and alterations, dry cleaning, leather/suede care, wedding gown preservation, and carpet cleaning. The space is well-maintained with low rent and ample room for future expansion. Perfect for an owner-operator or an entrepreneur seeking a reputable, income-generating business with growth potential. Opportunities exist to further increase revenue through online marketing, adding more services, or added retail products. All equipment, systems, and databases are included, allowing for a smooth and immediate transition to the new owner. Don't miss this chance to own a proven, profitable business in the heart of Orleans!
Location
Province ON
County Ottawa
Area Ottawa
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Others
ParcelsYN No
Listed by ROYAL LEPAGE PERFORMANCE REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "