190 Simcoe Avenue, Georgina

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 9 operating washers and 10 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:1945)