NewFor Sale

976 - 978 Albion Road
Toronto W10, Toronto, ON, M9V 1A6

Sale Of Business
TRREB
MLS® Number: W13776200
$525,000List Price
Sale Of BusinessProperty Type
2,150 sq ftSize
Coin LaundromatBusiness Type
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Listing History

Buy/sell history for 976 - 978 Albion Road, Toronto, ON M9V 1A6

0 Transactions by CPRB Agents

Top Agents in Toronto W10

Description

Yes, This Is The Laundromat You Or Your Client Were Waiting For. This Business Is Well Established For Over 30 years. This Is Completely Unattended, Open 24 Hours. 6 Washers Electrolux W5250 62 1b 6 Years, 8 Electrolux W5180N 451b 6 years, 2 Maytag Softmount 40 lb 7 years, 4 Washcomat W630 30 lb, 1 Washcomat 125 301b, 9 Washcomat Double Load 251b. 30 Dryer Pockets 7 Electolux Stacked 50 lb 6 Years, 8 ADC Stacked 30 lb All Dryers Are Gas Operated. Owned Water Heater Installed 4 Years Ago. Strong Sales Of 234,000 For The Year, Low Lease Cost $7108/Month Inclusive For 2150 Square Feet, Tenure Of The Lease 3 Years and 3 Options To Extend for 5 Years Each. Some Part Of The Premises Is Sub-Leased For $ 2000 Per Month Income To A Stable Business Tenant. Impressive EBITDA Of $ 118,104 For The Year. Owner Is Selling As He Is Retiring. Adequate Training And Education Shall Be Provided For Buyer's Guaranteed Success In This Venture. Large Space In The Basement For Storage And Currently Not Used.

Features

No features available

Amenities

No amenities available

Summary

Listing #:W13776200
Property Type:Sale Of Business
Size:2,150 sq ft
Days on CPRB:
Garage:Plaza
Locker:None
On CPRB Since:
Listing Brokerage:HOMELIFE/MIRACLE REALTY LTD

Rooms

Details

Property

Property Type:Sale Of Business
Community:Thistletown-Beaumonde Heights
Municipality:Toronto

Building

Size:2,150 sq ft

Inside

Bedrooms:0
Bathrooms:1
Kitchens:0
Family Room:No

Parking

Garage Type:Plaza
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary+Storm Available

Land

Cross Street:Albion/Islington

$525,000

List price

976 - 978 Albion Road, Toronto W10 – Sale Of Business for sale