190 SIMCOE AVENUE, Georgina (Keswick North), Ontario, L4P2H7

Property Description

Incredible opportunity to own a fully operational laundromat located in the heart of Keswick. Surrounded by a dense mix of residential homes, apartment buildings, and commercial businesses, this location benefits from steady foot traffic and a loyal clientele. This well-established business has been a staple in the community for over 30 years. Its profitability is driven by high-demand services including dry cleaning, wash-and-fold, and alterations. This is not a hands-off investment and requires an operator to manage day-to-day operations. The space was updated in 2023 with new tile flooring and fresh paint throughout, and it comes fully equipped with 10 operating washers and 12 operating dryers, all of which are owned outright with no rental equipment. There are three years remaining on the current lease, with the option for a new lease to be negotiated with the landlord. This is a fantastic opportunity for an owner-operator or entrepreneur looking to take over a reputable and profitable business with deep roots in the community. (id:64974)

Quick Facts

• Property Type: Business
• Bedrooms: None
• Bathrooms: None
• Frontage: 19 ft (5.8 m)

Costs

• Annual Taxes: $9,096.47

Listing Provided by: REMAX YOUR COMMUNITY REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.