181 University Ave, Toronto, Ontario, M5H 3M7
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.
Home Details
List Date
2026-06-04
Style
Without Property
Type
Sale Of Business
Status
Active
Year Built
UNKNOWN
Features
Bedrooms
-
Bathrooms
-
Heating
Gas Forced Air Open
Cooling
-
Parking
- Spaces
Appliances & Equipment
Inclusions
All inventory and chattels included: sewing machine, overlock/serger machine, hemming machine, Digital Surveillance Camera System, Monitor, Key Cutting Machine, Cash Registry, Iron Iron Board, Steamer, Telephone, refrigerator, microwave, hangers, and wrapping supplies.
Exterior
Construction
-
Water & Sewer
Municipal
Lot Size
-
Garage
None
Taxes
$14K (2026)
Listing Brokerage
Brokerage Name
HOME STANDARDS BRICKSTONE REALTY
Samuel Muttiah
Transition Realtor | Canada to Southern California
KW Beverly Hills
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