This Exceptionally Busy Laundromat Offers A Stable and Consistent Cash Flow, Delivers 7 Plus Return, Supported By A Loyal Customer Base And Strong Day To Day Operations.


Property

Website:https://www.nestseekers.com/5649823
Address:
Toronto C08 M4X 1R2
Canada
Ownership: For Sale
Type: Unknown
Bathrooms: 12

Financials

Price:C5,800,000
($4,116,400)
(€3,607,500)
Annual Taxes:C25,888

Description

This Exceptionally Busy Laundromat Offers A Stable and Consistent Cash Flow, Delivers 7% Plus Return , Supported By A Loyal Customer Base And Strong Day-To-Day Operations. The Business Also Presents Significant Opportunities For Expansion And Future Growth, Making It An Excellent Investment For Both Owner-Operators And Investors. This Exceptional Investment Opportunity Awaits At 600 Parliament Street, In The Heart Of Toronto Downtown Core, A Trusted Staple In The Community, The Laundromat Has Built A Loyal, Repeat Customer Base, Generating Consistent, Year-Round Cash Flow. With Numerous Nearby Apartment Buildings Lacking In-Unit Laundry, This Location Has Become The Go-To Choice For Residents, Ensuring A Steady Stream Of Customers And Making It A Turnkey, High-Demand Business With Immediate Earning Power. Its Proven Reputation, Heavy Foot Traffic, And Prime Location Guarantee Long-Term Stability And Ongoing Revenue Growth. This Property Also Has 10 Short- And Long-Term Lease Units, Which Generates Reliable Income Streams And Strengthen The Property's Overall Revenue Profile. Positioned In A High-Density Residential Area With Excellent Visibility, Constant Foot Traffic, And Convenient Transit Access, This Property Delivers An Impressive 7%+ Return And Combines Stable Cash Flow, Proven Demand, And Significant Opportunities To Expand More Services In The Location.

Amenities

  • Major Highway
  • Public Transit

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario