20 Year Old Laundromat
ASKING PRICE:
$17,500,000
LISTING DETAILS:
LISTING ID: 3426
TYPE OF SALE: Asset
MLS CODE: Exclusive
INDUSTRY: Dry Cleaners / Laundromat
REASON FOR SALE:
TRAINING & SUPPORT: Yes
DESCRIPTION:
In operation for 20 years this long standing laundromat is in a prime location on the main road between two major intersections. Good frontage with ample parking and surrounded by Tim Hortons, schools, restaurants, residential, and commercial. Offering services such as self serve, wash and fold with pick up and delivery services. New development townhomes and condominiums 2km away bring more people which equals to more business. Customer service, clean facility, and good communication are key to client satisfaction. Month to month agreements and an annual agreement with Wellington County. Plenty of growth opportunities by adding more machines or upgrading to a larger space. Seller willing to train to ensure a smooth transition. Don't miss out on this great opportunity! Listing ID: 3426
COMPANY INFORMATION:
YEAR ESTABLISHED: 2001
FRANCHISE: No
SQUARE FOOTAGE: 950 sq ft
MONTHLY RENT: $2,948 pm (incl TMI) + HST
FINANCIAL INFORMATION:
GROSS REVENUE: N/A
SDE: N/A
FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate
FFE INCLUDED: Yes
INVENTORY INCLUDED: No
EBITDA: N/A
FOR MORE INFORMATION ON THIS LISTING, PLEASE COMPLETE OUR NON-DISCLOSURE AGREEMENT
DISCLAIMER:
The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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