If you are looking for a laundromat for sale in Barrie, this established coin laundromat at 165 Wellington St W, Units 18 & 19 is worth taking a closer look at. Whether you want to work for yourself, start a business for your family, prepare for retirement, or invest in an existing operation, this business offers a practical opportunity to step into an established business with an existing customer base and room for future growth.
Moreover, the laundromat is bright, clean, well-maintained and easy to operate. Instead of starting from scratch, a new owner can take over an existing operation with equipment, chattels, systems, branding and a customer base already in place.
Listing Price: $360,000.00
MLS number: S13709072
Type: Sale of Business
Use: Coin Laundromat
Category: Without Property
Area: Barrie
Community: Queen’s Park
One of the biggest advantages of this Barrie business for sale is its location. The laundromat is situated in a high-traffic plaza surrounded by many rental apartment buildings, as well as residential and commercial properties.
As a result, the location provides access to a large potential customer base. The plaza is also home to Shoppers Drug Mart and No Frills, adding convenience and regular traffic to the area.
In addition, there is lots of free parking, making it easy for customers to drive in, load their laundry and access the laundromat conveniently.
The business comes equipped with 20 washers and 24 dryers, with ALL MACHINES ELECTROLUX, approximately 14 years old.
Furthermore, all equipment and chattels are owned and included in the purchase price. The store also includes coin change machines, security cameras, water heaters, water filtration, illuminated signage, laundry carts, five aluminum alloy folding tables and other essential equipment.
Therefore, a buyer can take over a fully equipped laundromat rather than having to build and equip a new location from the ground up.
Another attractive feature is the potential for future growth. The laundromat already has an established brand, reputation and loyal customer base. However, there is still room for a new owner to explore additional revenue opportunities.
For example, the new owner could consider adding a Wash & Fold Service or extending the operating hours. These additional services could help attract new customers and increase the overall business potential.
In other words, the business offers both an established foundation and opportunities for a motivated owner to put their own ideas into action.
For buyers who may be new to the laundromat business, the transition can be an important consideration. Fortunately, the seller is willing to provide training and assistance with business operations, maintenance and repair knowledge.
As a result, a new owner can benefit from the seller’s existing experience and knowledge while learning how to operate and maintain the business.
Accessibility is another important feature of this property. The laundromat is fully wheelchair accessible, with seamless barrier-free access from the parking area directly to the laundromat.
Additionally, an automatic door-opening device is available for disabled access, making the business more convenient and accessible for a wider range of customers.
The existing lease has approximately five years remaining, with the possibility of discussing a new lease with the excellent landlord.
This provides a buyer with an opportunity to continue operating from the existing location while also having the potential to discuss future lease arrangements.
This laundromat business for sale may be an excellent option for a variety of buyers. For instance, it could be suitable for an owner-operator who wants to work for themselves, a family looking for a business opportunity, a first-time business owner, or someone looking for a retirement business.
Most importantly, buyers are not simply purchasing an empty commercial space. Instead, they are acquiring an established laundromat with equipment, an existing brand, customer recognition and a foundation for future growth.
Are you interested to buy it? Contact Adam Cui today. I offer a complete service system and help you every step of the way. With years of experience, strong support, and ongoing training, I’m here to make your real estate dreams come true.
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My services for the seller include initial consultation, market analysis, free estimate, make pricing strategy, home staging consultation, repairs and improvements consultation, professional photography and videography, detailed property description, customized marketing plan, online listings, social media marketing, design and print flyers and brochures, open houses and private showings, ongoing communication and feedback, continuous market monitoring, offer management, negotiation with buyers, counteroffers and finalization, transaction coordination, closing assistance with thirty-parties, and future real estate needs assistance.
This full suite of services is designed to make the selling experience smooth, rewarding, and successful. By partnering with Adam Cui, you are getting a knowledgeable, resourceful, and committed agent who will prioritize your interests and make sure your goals are met efficiently.
My services for the buyer include initial consultation, needs assessment, property search and selection, early access to listing, personalized tours, detailed market analysis, property transaction history research, property inspection coordination with thirty-parties, review of disclosures with third-parties, negotiation on inspection findings, custom offer preparation, expert negotiation, multiple offer handling, detailed contract explanation, legal and compliance assistance with third-parties, liaison with all parties, document assistance, final visits support, homeownership guidance, and lifetime real estate support.
Through each step, my goal is to minimize stress, streamline your home-buying experience, and deliver outstanding value within my 0.88% commission. Whether you are a first-time buyer or a seasoned investor, you can count on my expertise, dedication, and personalized care to make your real estate journey a success.
No. It only applies to the buying and selling property transactions. For rental services, I will charge half of the one-month rent if I represent one party.
No. HST will be added on top of that.
As a buyer, you typically do not pay my 0.88% commission directly. This commission is generally covered by the seller in a real estate transaction.
As your dedicated real estate agent, my priority is to provide you with the best possible service and value. If a seller offers a commission greater than 0.88% for my services, I would still honor my commitment to you, the buyer, and keep only 0.88% as my commission.
The home buying process involves several steps: getting pre-approved for a mortgage, finding the right property, making an offer, and completing inspections. Afterward, you will finalize the mortgage, sign the paperwork, and get the keys. It is essential to have guidance through each step to ensure a smooth and successful purchase.
When making an offer, it is important to consider the market conditions and the property’s value. Consult with your real estate agent to craft a competitive offer. Include necessary contingencies like financing and inspections. Always be prepared to negotiate. This ensures your offer stands out while protecting your interests.
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