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.

SOLD

CONTACT US ABOUT THIS LISTING11

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