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SaleSale Of Business

306 Kerr Street

Oakville, ON L6K 3B5

Price

$550,000

Building Size

2,100 sq ft

MLS# W14121120 | Listed by ROYAL LEPAGE SIGNATURE REALTY

Business Details

Business Type

Coin Laundromat

Property Use

Without Property

Franchise

No

Commercial Space & Financials

Retail Area

2,100 sq ft

Taxes (Annual)

$2,100

Industrial Specifications

Clear Height

12 ft

Parking

6 spaces (None)

Property Description

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!

Price & Status History

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Location

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306 Kerr Street, Oakville L6K 3B5

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Listing Courtesy of: ROYAL LEPAGE SIGNATURE REALTY

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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