2891 JANE STREET

Toronto (Glenfield-Jane Heights), Ontario, M3N2J5, Canada

$749,990

This coin laundry business, strategically situated amidst numerous retail stores, has established itself as one of the best in the area. Equipped with 45 washers and 48 dryers, the facility also features a laundry supplies shop, three coin changers, soap dispensers, large-size vending machines, TVs, cameras, and seating for customers to relax. Fully attendant with wash and fold as well as dry cleaning services, the business operates on a 10+5 year lease. Annual sales approximate $300,000, with expenses totaling $160,000, resulting in a net profit of $140,000. Rent is inclusive of base rent, TMI, HST, and water. The business benefits from a prime location, with high-traffic amenities, TTC streetcar, and subway access nearby. Additionally, there is potential to increase sales through the incorporation of OLG. The premises are equipped with fully automatic security cameras, monitoring, and recording capabilities.

EXTRAS Lots of washers from 20 lbs to 60 lbs, 30 lb-45 lb Double stack dryers, and much more to see. Nice area with Lots of buildings around. Don't miss it. Luck comes with a lucky place and this one is a lucky one.

Last updated on : Tuesday 10th of December 2024 11:03:41 AM

ADDRESS

Street : 2891 JANE STREET

City : Toronto (Glenfield-Jane Heights)

Province : Ontario

Country : Canada

Postal Code : M3N2J5

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PROPERTY SUMMARY

Property ID : W11887637

Property Type : Business

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