For Sale - 306 Kerr Street, Oakville, Ontario

Est payment $2,641/mo
Views   1
Time on Jump  1 days
  • Established coin laundry business with over 10 years of owner-operated history and transition training available.
  • Efficient operation offers coin laundry, wash-and-fold, and dry-cleaning services with one employee.
  • Equipped with 27 washers and 25 dryers, plus room for a potential alteration business.
  • Spacious commercial space includes a private office, staff rest area, and two washrooms.
  • Lease has 11 years remaining, with rent including TMI and taxes, and six parking spots.



Rarely available !!! Incredible turn-key business opportunity! Own a highly profitable, well-established coin laundry business that has been successfully owner-operated for over 10 years. The current owner is looking to retire and is generously willing to stay on for 1 to 2 months to provide comprehensive training, ensuring a seamless and confident transition for the new operator. Operating daily from 8am-8pm, this business is situated in a fantastic, bright, and exceptionally spacious commercial space featuring very high ceilings and an inviting atmosphere. The operations are highly efficient and low-overhead, requiring only 1 employee to easily manage the coin laundry, wash-and-fold services, and the dry-cleaning depot. There isalso excellent growth potential and extra space to add a profitable alteration business if desired. The facility is fully equipped with 27 washers and 25 dryers-all premium, durable, brand-name machines that have been meticulously maintained and kept in spotless condition. The smart layout includes a private office, a dedicated rest area for staff, and 2 separate washrooms (1for customer use and 1 private washroom for employees). Unbeatable long-term stability with 11 years remaining on the lease! Highly competitive rent is just $5,750. 23 per month, includes tmi and taxes. The property also features 6 dedicated parking spots for customers and staff. Please note the basement space is shared with the landlord strictly for maintenance access to the furnace room. Don't miss out on this rare, time-tested, high-income asset. Turn the key and start generatingexcellent income on day one!
Listing IDW14121120
Address306 Kerr Street
CityOakville, Ontario
Price$550,000
StyleSale Of Business
TypeBusiness
StatusFor Sale
Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary
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Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY

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306 Kerr Street
Oakville , Ontario
$550,000
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