$199,900
FOR SALE

Business for Sale

Coin Laundromat

A profitable coin laundry business is now available for sale, offering an exceptional opportunity for its next owner. Strategically located at the corner of one of Calgary's busiest major intersections, this business is surrounded by a vibrant community of apartment condos and townhomes. The area boasts impressive demographics, with a daily traffic count of 33,000 vehicles, an estimated population of 12,000 within 1 km, and 70,000 within 3 km. This prime location is further enhanced by its proximity to some of Calgary's most affluent neighborhoods. The property features a newly updated storefront with modern facades, refreshed landscaping, and a large resurfaced parking lot providing ample stalls for customer convenience. Inside, the business is immaculately maintained, showcasing 20 washers and 16 dryers in excellent working condition. The lease terms are highly competitive, with rent set at $39 per square foot plus CAM and property taxes. A significant advantage is the inclusion of water in the CAM fees, which is a considerable benefit given the high water consumption of a laundry business. Operating hours are currently 9 a.m. to 9 p.m. Monday to Saturday and 10 a.m. to 6 p.m. on Sunday, allowing flexibility for the new owner to expand if desired. With an average daily revenue exceeding $530+ in 2024, this business offers a solid financial foundation and the potential for further growth. The operation is straightforward and attracts a loyal customer base, making it an excellent opportunity for an investor or hands-on owner-operator. This coin laundry business reflects pride of ownership and has been meticulously maintained, ensuring a smooth transition for the new owner. Don’t miss out on the chance to continue its success in a thriving location. (id:47421)
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Listed By Royal LePage Solutions
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2188106
Last Updated Feb 19, 2025
Property Summary
Property Type Business For Sale

More like this:
Use Coin Laundromat
Franchise Non-Franchise
Price History

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Detailed Information
Lease Time Yearly
Listing Contract Date 2025-01-19
Municipal ID 2022062478
Property Type Business
Transaction Type For sale or rent
Business
Business Type Special Purpose
Business Subtype Laundromat
Building
Constructed Date 1987
Size (Exterior) 1545 square feet
Total Finished Area 1545 sqft
Land
Total Size Unknown

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