Description
Rare opportunity to own a profitable, turnkey coin laundromat, operating daily from 7 AM to 10 PM. This 2,200 sq ft business sits on a generous 42 x 157 ft lot with 10+ rear parking spaces, and comes fully equipped with 26 washers, 24 dryers, Wash & Fold station, coin changer, 4 water tanks, and 16 security cameras. The business generates approx. $300,000 in annual sales, with operating expenses around $120,000, delivering a solid net profit of ~$180,000/year. All equipment is owned outright no leases. Seller is also the landlord, offering flexible lease terms with affordable rent. Located in a high-traffic area with excellent TTC access including streetcar and subway nearby. Growth potential includes adding OLG, pickup & delivery, dry cleaning, or extended hours. Ideal for owner-operators or passive investors. Full training provided at no additional cost. Do not go direct. All showings by appointment only with listing agent. **EXTRA**:Exclusive opportunity to acquire both business and property - Inquire with listing agent for special package pricing
Features
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Category: Coin Laundromat
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Total Area: 2,200 sqft
- Retail Area: 2,200 sqft
- Parking Types: Reserved/Assignd
Details
- Zoning: Commercial
- Tax: $ 12,162
- Business Hours: 7am-10pm
- Opening Days: Open 7 Days
- Alcohol Allowed: N
- Total Employees: 2
- Features: Public Transit
- W12291816
- Listing contracted with: RH REALTY INC.