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Deepak Sharma

Broker
Remax Royal Properties Realty Brokerage, Brokerage Independently owned and operated. 7595 Markham Rd #19 , Markham, Ontario L3S0B6 Cell: 647-229-0670Office: 905-554-0101

$749,990
Available - For Sale
Listing ID: W11887637
2891 Jane St , Toronto, M3N 2J5, Ontario


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.
Price $749,990
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Owner
Address: 2891 Jane St , Toronto, M3N 2J5, Ontario
Postal Code: M3N 2J5
Province/State: Ontario
Directions/Cross Streets: Jane/Sheppard
Category: Without Property
Use: Coin Laundromat
Building Percentage: N
Total Area: 2600.00
Total Area Code:  Sq Ft
Office/Appartment Area: 150
Office/Appartment Area Code: Sq Ft
Retail Area: 2400
Retail Area Code: Sq Ft
Area Influences: Major Highway   Subways
Approximatly Age: 16-30
Business/Building Name: SUPER CLEAN LAUNDRY
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 6am-11p
Employees #: 2
Seats: 20
LLBO: N
Sprinklers: Y
Outside Storage: N
Rail: N
Crane: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX GOLD REALTY INC.
Personal Picture
Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Glenfield-Jane Heights
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age: 16-30
Tax: $0
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
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