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$ 450,000
Est. payment /mo
New
103 peter ST Port Hope, ON L1A 1C5
1 Bath
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Port Hope
MLS Listing ID X12384219
Tax Year 2025
Property Sub-Type Sale Of Business
Property 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.
Location
Province ON
County Northumberland
Community Port Hope
Area Northumberland
Zoning Commercial
Interior
Cooling Yes
Inclusions Washers (20 total)3 50 lb (Continental)2 Dexter1 Wascomat 6 40 lb (Continental)5 30 lb (Continental)6 20 lb (Continental)Dryers (18 total)16 30 lb (Dexter)2 40 lb (Dexter)Additional Equipment1 Change Machine1 Soap Machine
Listed by RE/MAX HALLMARK ONE REALTY
