Price: $190,000

#A - 57 Essa Road, Barrie, ON L4N 3K4

Turnkey laundromat business opportunity with assumable 3-year lease (incl. MIT) in one of Barrie's busiest corridors high-traffic on Essa Road. Step into ownership of this well-established and well maintained laundromat. Boasting a versatile mix of oversized and standard Maytag washers / dryers all mounted on new risers; this operation is perfectly suited for both everyday customers and commercial clientele. Behind the scenes, ample service space allows for easy equipment maintenance (see photo). This business comes fully equipped with all the essentials: a modern security system, automatic AM/PM door locking, change machine, soap dispenser, and multiple folding stations to keep customers moving with ease. As a bonus, 52 on-site rental mailboxes provide additional steady income. A true hidden gem, the full basement offers tremendous utility, with three separate storage rooms, a 2-piece washroom and a standalone bathtub. Its the ideal space to run a popular wash & fold service, which adds even more potential for revenue growth. Additional features include a commercial grade AO Smith gas water heater, a reliable 12-year old furnace, and an outer & inner basin repair kit for single machine servicing, everything you need to hit the ground running. With plenty of customer parking (front and rear) and washroom access on both levels, this clean, streamlined, and revenue-generating operation is a rare find in a high-visibility location. Business-only sale includes goodwill. The City of Barrie is currently making significant infrastructure improvements in the surrounding area, adding long-term value and potential for growth. Don't miss this chance to own a thriving business.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$190,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Coin Laundromat

Years in Business

N/A

Location

Barrie, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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