Exceptional opportunity to acquire a well-established and profitable coin laundromat in Kitchener, proudly serving the community for over 30 years. This turnkey business operates from a 1,500 sq. ft. leased premises with attractive low monthly rent and generates approximately$9,000 to $11,000 in monthly sales, with significant potential for future growth and revenue enhancement. The sale includes all owned equipment with no lease obligations, featuring 27 washers, 21 dryers, laundry sink, 5 folding tables ,security camera system, boiler, hot water tank, and an automatic door lock system with programmable timers for efficient opening and closing operations. The business is designed for streamlined management and offers an excellent opportunity for owner-operators, investors, or those seeking a semi-passive income stream. With a long operating history, loyal customer base, and established presence in the market, this is a rare chance to acquire a stable, cash-flowing business with upside potential. The current owner is retiring, creating an ideal opportunity for new ownership to takeover and grow the operation.
| MLS # | X13483960 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 66 |
| Listing Provided By | RE/MAX SKYWAY REALTY INC. | X13483960 570800 |
| Acreage | 0.96 |
|---|
| Cooling | Yes |
|---|
| Tax Annual Amount | 0 |
|---|---|
| Tax Type | N/A |
| Tax Legal Description | PT LT 24-28 PL 33 KITCHENER; PT LT 59 STREETS & LANES KITCHENER PT 1, 58R5058; KITCHENER |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Kitchener |
| Postal Code | N2H 5E2 |
| Listing VS Median (in N2H 5E2) | |
Price: $249,900 low | high Med: $0 On site: 66 low | high Med: | |
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Kitchener |
| Postal Code | N2H 5E2 |
| Listing VS Median (in N2H 5E2) | |
Price: $249,900 low | high Med: $0 On site: 66 low | high Med: | |