Established Canadian businesses - For Sale by Owner - in Canada
Listing # 62620004
Business For Sale
Laundromat For Sale - Excellent investment property
Business Location: Northern Ontario Postal Code: P0R Relocatable: No
Clothing & Textiles Real Estate & Rental Buildings
Commercial laundromat for sale. Includes real estate with adjacent lot.
Ideally located beside an RV park with another up the road. It has been in continuous operation for more than 30 years just east of Sault Ste. Marie
Building is fully automated to open and lock itself at the correct times. No need to show up every day. Mostly new equipment. Contracted cleaning lady cleans up the laundromat. Current owner is absentee, but it runs itself.
New roof in 2012 and new entry door in 2016
Many new machines within last 12 months. Always profitable.
Business has been profitable for more than 30 years. Price increases could be passed through as there is no immediate competition in town improving margins. Dryer prices were doubled in 2014.
MARKET & COMPETITION
Small town Northern Ontario. Tourism and cottage destination. There is not another laundromat within 20kms of our location. This is the biggest laundromat within an hour's drive.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
Real estate is included. Building and adjacent lot included.
16 Commercial Washing Machines. ( 3 still under warranty)
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