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1 Bath

$450,000

Sale Of Business

103 peter Street, Port Hope, ON L1A 1C5Port Hope

Listing Overview

MLS ID:X12384219
Status:New
Type:Commercial / Sale Of Business
Days on Market:215
Listed:2025-09-05
Last Updated:Sep 21, 2025
Cross Street:Peter st And Hope St
Data Source:PROPTX

Interior

Bathrooms:1

Utilities

Heat Type:Gas Forced Air Closed

Outdoor / Lot

Parking

Garage Type:Plaza

Description

This established laundry business has been serving the community with the same dedicated owner since 2017, building a loyal customer base of regular clients who rely on its consistency, quality, and service. Over the years, it has developed a reputation as a trusted and reliable neighborhood laundromat.Equipped with some of the best and most durable commercial machines in the industry, the business features:20 washers: including 3 50 lb, 2 Dexter, 1 Wascomat, 6 40 lb, 5 30 lb, and 6 20 lb all Continental brand.18 dryers: 16 30 lb and 2 40 lb all Dexter brand.1 change machine and 1 soap machine for customer convenience.The laundromat offers a clean, reliable, and efficient self-service environment, supported by well-maintained, high-capacity machines that meet the needs of both individuals and families.Financially, the business is on a solid foundation with a favorable lease only $4,175 per month rent, with 4 years remaining plus a 5-year renewal option, ensuring stability and long-term growth potential.With years of proven success, loyal repeat customers, and high-quality equipment, this laundry stands as a profitable and sustainable business model in the community.

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