Price: $298,000

#3 and 4 - 560 Mulock Drive, Newmarket, ON L3Y 8R9

Well-Established Dry Cleaning Plant & Depot, Prime Newmarket Location Exceptional opportunity to own a thriving dry cleaning plant and depot in the heart of Newmarket. This dual street-front location features approx. 1,758 sq. ft. of usable space with ample parking, surrounded by high foot traffic and steady walk-in clientele.Long-term lease in place with 10 years remaining and a 5-year renewal option. Average monthly rent is $6,684, inclusive of TMI and water.In addition to strong walk-in business, the plant services multiple depot locations, generating stable annual revenue of over$400,000. Services include full dry cleaning, on-site alterations (equipment included), and drop-off/pick-up. Simple to operate-ideal for a two-person team.Fully equipped with professional, brand-name machinery (estimated replacement value: $300,000). Located in a rapidly developing residential area, offering significant growth potential through extended hours, local delivery, or additional services.Hours: Monday-Friday: 7 AM-7 PM | Saturday: 9 AM-5 PM | Sunday: Closed Owner will provide 3 weeks of complimentary training to ensure a seamless transition.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1772 Sq Ft Divisible

List Price

$298,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Dry Cleaning/Laundry

Years in Business

N/A

Location

Newmarket, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

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All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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