$849,900 FOR SALE

Business for Sale

Coin Laundromat

Total Area: 1,750 ft2
Maintenance Fees: $2,400

6210 Finch Ave W #B101A
Toronto, ON M9V 0A1 | Mount Olive-Silverstone-Jamestown

$$$ Very Well-Established Coin Laundromat, Excellent Profitability & Very High Net Income, Completely Unattended and Remotely Controlled, Newer Washers, Dryers and Other Machines, Great Location and Unlimited Potential to Add More to Sales and Bottom-Line Profits, Lots of Parking, Great Lease till October 2025 With Option To Extend For 2 Terms Of Five Years Each. The Seller will Train the New Buyer for Guaranteed Success in This New Venture. Annual Income of $207,000.

Extras
27 Electrolux Washers, 24 Dryers, 02 Change Machines, 1 Soap Dispenser, 6 TVs, 7 Cameras. All Washers & Dryers Equipped With Pay By Phone Feature.

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Listed By HOMELIFE/MIRACLE REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8098374
Last Updated Mar 18, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Coin Laundromat
Franchise Non-Franchise
Category Without Property
Occupancy Tenant
Possession Date TBA
Maintenance Fees $2,400
Directions/Cross Streets Finch Ave W/ Albion Rd
Neighbourhood Mount Olive-Silverstone-Jamestown
Area Toronto
Price History
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Detailed Information
Freestanding N
Bathrooms 1
Office/Apt Area 50 ft2
Total Area 1,750 ft2
Approximate Age 6-15
Air Conditioning Part
Basement N
Chattels Y
Garage Type Plaza
Days Open 7
Hours Open 6Am-11P
LLBO N
Heat Type Gas Forced Air Open
Financial Statement N
Gross Income/Sales $360,000
Net Income Before Debt $206,304
Hydro Expense $9,600
Heat Expenses $13,200
Insurance Expense $3,000
Operating Expenses $153,696
Other Expenses $124,896
Year Expenses $2,024
Expenses Actual/Estimated Est
Seats 6
Sewers San+Storm
Utilities A
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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