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609 Somerset W Street Ottawa, Ontario K1R 5K3

$299,000

PLEASE NOTE: No Previous Financials available. It is a re-launch of an older Laundromat that has been completely refurbished. They are on track for a very profitable business within a 2-year time period. Based on the actuals for 3 months (Feb, March, and April), projected gross collection is over 122K with expenses of about 65K. State-of-the-Art Coin-Op Laundromat with a dedicated 2-1/4 water supply line. You will never run out of water. Brand new Modern 19 Washers and 14 Dryers. All equipment has 5 years warranty. Brand New Plumbing and Electricals. Fully Renovated less than a year ago. The first year of operation with State-of-the-art machines is experiencing exponential growth. The entire neighborhood is delighted by the quality and service. 5 – Star Google Reviews. Great investment that will give you a 15% to 20% Return Annually! Acquisition cost is way less than brick investments! No direct visits, please. Serious buyers only who understand the business and the growth potential. (id:6673)

Business

Business Type Other
Business Sub Type Other
Name Laundry on Somerset

Property Details

MLS® Number 1343199
Property Type Business
Neigbourhood Centretown

Building

Land

Acreage No
Size Irregular * Ft X 0 Ft
Size Total Text * Ft X 0 Ft
Zoning Description Commercial

https://www.realtor.ca/real-estate/25614399/609-somerset-w-street-ottawa-centretown

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Jack Uppal
Broker

(613) 220-6006
www.ottawarealestate.agency/
www.facebook.com/investinottawa
www.linkedin.com/in/investinottawa
www.twitter.com/investinottawa

Royal LePage Team Realty
3101 Strandherd Drive, Suite 4
Ottawa, Ontario K2G 4R9

(613) 825-7653
(613) 825-8762
www.teamrealty.ca

Heather Lafleur
Salesperson

(613) 581-0783
www.ottawarealestate.agency/
www.facebook.com/InvestInOttawa/
www.linkedin.com/in/heather-lafleur-69768743/

Royal LePage Team Realty
3101 Strandherd Drive, Suite 4
Ottawa, Ontario K2G 4R9

(613) 825-7653
(613) 825-8762
www.teamrealty.ca

Sue Patel
Salesperson

(343) 297-8755
www.ottawarealestate.agency/

Royal LePage Team Realty
3101 Strandherd Drive, Suite 4
Ottawa, Ontario K2G 4R9

(613) 825-7653
(613) 825-8762
www.teamrealty.ca