2891 Jane Street , Toronto W05, ON M3N 2J5
Toronto W05, ON M3N 2J5
Description
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.
Details
| MLS# | W11887637 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 36 |
| Listing Provided By | RE/MAX GOLD REALTY INC. | Not Provided |
Features
| SQ Feet | 2,600 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Toronto |
| City | Toronto W05 |
| Zip Code | M3N 2J5 |
| Area | Glenfield Jane Heights |
| Listing VS Median (in M3N 2J5) | |
Price: $749,990 low | high Med: $749,990 SqFt: 2,600 low | high Med: 2,600 $ / SqFt: $288 low | high Med: $288 On Site: 36 low | high Med: 36.000000 | |
