976 - 978 Albion Rd

LocationThistletown-Beaumonde Heights, M9V 1A6
$525K For Sale
Property Images
Property Images
Property Images

Description

Yes, This Is The Laundromat You Or Your Client Were Waiting For. This Business Is Well Established For Over 30 years. This Is Completely Unattended, Open 24 Hours. 30 Washers Electrolux W5250 62 1b 6 Years, 8 Electrolux W5180N 451b 6 years, 2 Maytag Softmount 40 lb 7 years, 4 Washcomat W630 30 lb, 1 Washcomat 125 301b, 9 Washcomat Double Load 251b. 30 Dryer Pockets 7 Electolux Stacked 50 lb 6 Years, 8 ADC Stacked 30 lb All Dryers Are Gas Operated. Owned Water Heater Installed 4 Years Ago. Strong Sales Of 234,000 For The Year, Low Lease Cost $7108/Month Inclusive For 2150 Square Feet, Tenure Of The Lease 3 Years and 3 Options To Extend for 5 Years Each. Some Part Of The Premises Is Sub-Leased For $ 2000 Per Month Income To A Stable Business Tenant. Impressive EBITDA Of $ 118,104 For The Year. Owner Is Selling As He Is Retiring. Adequate Training And Education Shall Be Provided For Buyer's Guaranteed Success In This Venture. Large Space In The Basement For Storage And Currently Not Used.

Features

  • Business Type
    Category: Coin Laundromat
  • Commercial Total Area
    Total Area: 2,150 sqft
  • Commercial Retail Area
    Retail Area: 2,150 sqft
  • Number of seats
    Seats: 6
  • Commercial Parking Types
    Parking Types: Plaza
  • Bathrooms
    Bathrooms: 1

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: 24
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    W13776200
  • Listing contracted with: HOMELIFE/MIRACLE REALTY LTD

Location



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