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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
Price history is locked
Location
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306 Kerr Street, Oakville L6K 3B5
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Listing Courtesy of: ROYAL LEPAGE SIGNATURE REALTY
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