Active
24/7 high Traffic Laundromat
Location:
Nestled in a bustling neighborhood of Toronto, this laundromat enjoys a strategic location, surrounded by a dense population of residents and businesses. Toronto's dynamic and multicultural environment makes it an ideal place to establish and expand a successful business.
Business Highlights:
Profitable Venture: This laundromat is a proven money-maker with a consistent and growing customer base. It has a strong track record of financial success, ensuring a stable and lucrative return on investment.
Modern Equipment: Equipped with cutting-edge commercial laundry machines, the laundromat offers customers fast and reliable laundry services. Well-maintained machinery minimizes downtime and enhances the overall customer experience.
Diverse Services: In addition to self-service washing and drying, the business provides convenient drop-off and pick-up laundry services, attracting busy urban professionals and families seeking convenience.
Established Clientele: Over the years, the business has cultivated a loyal and diverse customer base, benefiting from word-of-mouth referrals and repeat business. Its reputation for quality and service is unmatched.
Impeccable Cleanliness: The laundromat maintains the highest standards of cleanliness and hygiene, ensuring a safe and inviting environment for customers to do their laundry.
Ample Space: The spacious layout of the facility provides ample room for customers to comfortably manage their laundry needs and offers potential for future expansion or diversification of services.
Investment Opportunity:
Acquiring this laundromat business in Toronto comes with numerous advantages:
Urban Lifestyle: Enjoy the perks of owning a business in one of the most cosmopolitan cities in the world, with access to cultural events, diverse cuisines, and a bustling city life.
Profitability: Benefit from the consistent demand for laundry services in a densely populated city, ensuring a steady income and potential for growth.
Diverse Client Base: Toronto's multicultural population provides a diverse customer base, allowing for targeted marketing and the opportunity to cater to various preferences and needs.
Expansion Potential: With a strong foundation in place, there is considerable room for expansion, such as introducing dry cleaning or eco-friendly laundry options to meet the evolving demands of the market.
Reason for Sale:
The current owner is offering this profitable business for sale due to personal reasons, presenting an exceptional opportunity for a new owner to step in and continue the legacy of excellence in laundry services.
Financial Information:
Financial details, including revenue, expenses, and profit margins, will be disclosed to serious buyers upon request and completion of a non-disclosure agreement.
Don't miss the chance to become the proud owner of a thriving laundromat business in the bustling city of Toronto. If you're seeking a profitable venture in an urban environment with endless possibilities, this opportunity awaits your exploration. Act now to secure your future as the owner of this well-established laundromat business. Contact us today to learn more and arrange a viewing.
Prospective buyers are encouraged to conduct thorough due diligence and seek professional advice before making any financial commitments.
Listed By: Omar Kettani
Background information
Reference:
erqtre
Year established:
2000
Reason selling:
Personal Reasons
Finance
Sales:
$185,000
EBITDA:
$65,000
Operations
Employees:
2
Equipment:
N/A
Premises
Facility:
This Toronto laundromat features a modern, spacious layout with well-maintained, state-of-the-art washing and drying machines. The facility prioritizes cleanliness and offers a variety of services, including self-service and drop-off options. It provides an efficient and comfortable environment for a seamless laundry experience in the heart of the city with 20 washers and 20 dryers.
Rent and lease terms:
$10,000 per Month
Opportunities
Growth:
Yes, there are several growth opportunities, including expanding services, extending operating hours, enhancing marketing efforts, fostering community partnerships, integrating technology, improving energy efficiency, and implementing customer loyalty programs. These strategies can drive increased revenue and customer engagement in the Toronto laundromat business.
Price and terms
Price:
$94,000
Financing:
Financing options available
Training:
Upon acquiring, operations training, staff transition assistance, financial guidance, marketing support, and supplier relationships will be provided. The owner may offer ongoing consultation for a specified period to address challenges. This support package aims to ensure a seamless transition and the continued success of the business in Toronto's competitive market.