This coin laundry business, strategically situated amidst numerous retail stores, has established itself as one of the best in the area. Equipped with 45 washers and 48 dryers, the facility also features a laundry supplies shop, three coin changers, soap dispensers, large-size vending machines, TVs, cameras, and seating for customers to relax. Fully attendant with wash and fold as well as dry cleaning services, the business operates on a 10+5 year lease. Annual sales approximate $300,000, with expenses totaling $160,000, resulting in a net profit of $140,000. Rent is inclusive of base rent, TMI, HST, and water. The business benefits from a prime location, with high-traffic amenities, TTC streetcar, and subway access nearby. Additionally, there is potential to increase sales through the incorporation of OLG. The premises are equipped with fully automatic security cameras, monitoring, and recording capabilities. **** EXTRAS **** Lots of washers from 20 lbs to 60 lbs, 30 lb-45 lb Double stack dryers, and much more to see. Nice area with Lots of buildings around. Don't miss it. Luck comes with a lucky place and this one is a lucky one. (id:47423)
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Detailed Information
Amenities Nearby
Highway
Listing Contract Date
2024-12-10
Location Description
Jane/Sheppard
Property Type
Business
Transaction Type
For sale
Zoning Description
Commercial
Business
Business Type
Special Purpose
Business Subtype
Laundromat
Name
SUPER CLEAN LAUNDRY
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Utility Water
Municipal water
Land
Amenities
Highway
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