For Sale - 20A Rexdale Boulevard, Toronto, Ontario

Est payment $744/mo
Views   4
Time on Jump  13 day



Turnkey, profitable unattended coin-op laundromat. Excellent opportunity to acquire a well-established, highly efficient coin laundromat with a strong net operating income (noi) of $35,000 per year, as per seller. Located in a busy strip mall condo unit, this clean, tight operation runs completely unattended with all machines in good working order. Key features- exceptional lease: 4 years remaining and 3x renewal options (5 years each) and water is included in the rent! The lease also includes a first right of refusal to purchase the real estate. Equipped with two new tankless water heaters installed within the last year. The water storage tank is a rental. Prime location: surrounded by apartment buildings and situated near major anchors like costco, walmart, and lcbo, ensuring high visibility. Ample parking available for customers. This straightforward, low-maintenance business offers immediate cash flow and significant growth potential. Perfect for hands-off investors or owner-operators.
Listing IDW13591442
Address20A Rexdale Boulevard
CityToronto, Ontario
Price$155,000
Bath1 Full
StyleSale Of Business
TypeBusiness
StatusFor Sale
Subtype Sale Of BusinessHeating / Cooling Gas Forced Air Open
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Listing Agency:  RIGHT AT HOME REALTY

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