$160,000

About this listing

Exceptional business opportunity in a prime Barrie location. Situated along high-exposure Essa Road, one of the city's busiest commercial corridors, this established laundromat offers a turnkey operation with an assumable 2 1/2-year lease, including MIT. Well maintained and fully operational, the business features a diverse selection of Maytag commercial washers and dryers, including both oversized and standard units, all installed on new risers to enhance functionality and efficiency.Designed to accommodate both residential and commercial customers, the facility is equipped with a modern security system, automatic timed door locking, change machine, soap dispenser, and multiple customer folding stations. An added revenue stream comes from 52 on-site rental mailboxes, providing consistent supplemental income. The property's full basement significantly expands the business potential. Offering three separate storage rooms, a 2-piece washroom, and a standalone bathtub, this versatile space is ideal for operating or expanding a wash-and-fold service while providing ample room for storage and equipment maintenance. Additional infrastructure includes a commercial-grade AO Smith gas water heater, a dependable furnace, and repair components for efficient servicing of individual machines. Customers benefit from ample parking at both the front and rear of the building. This business-only sale includes goodwill and presents an excellent opportunity for an owner-operator or investor seeking a clean, streamlined operation with established clientele and room for future growth. Further enhancing the long-term outlook, the City of Barrie is currently investing in significant infrastructure improvements throughout the surrounding area. A rare chance to acquire a thriving, income-generating business in a high-visibility location.