103 peter St, Port Hope, L1A 1C5

Listing Overview

Description

This established laundry business has been serving the community with the same dedicated owner since 2017, building a loyal customer base of regular clients who rely on its consistency, quality, and service. Over the years, it has developed a reputation as a trusted and reliable neighborhood laundromat.Equipped with some of the best and most durable commercial machines in the industry, the business features:20 washers: including 3 50 lb, 2 Dexter, 1 Wascomat, 6 40 lb, 5 30 lb, and 6 20 lb all Continental brand.18 dryers: 16 30 lb and 2 40 lb all Dexter brand.1 change machine and 1 soap machine for customer convenience.The laundromat offers a clean, reliable, and efficient self-service environment, supported by well-maintained, high-capacity machines that meet the needs of both individuals and families.Financially, the business is on a solid foundation with a favorable lease only $4,175 per month rent, with 4 years remaining plus a 5-year renewal option, ensuring stability and long-term growth potential.With years of proven success, loyal repeat customers, and high-quality equipment, this laundry stands as a profitable and sustainable business model in the community.

26 days

On Market

Sale Of Business

Property Type

$0 / Year

Est. Taxes

Without Property

Style

Dry Clean/Laundry

Business Type

N

Franchise