609 Somerset W Street, Ottawa, Ontario K1R 5K3 (25614399)


609 Somerset W Street Ottawa, Ontario K1R 5K3


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:37611)


Business Type Other
Business Sub Type Other
Name Laundry on Somerset

Property Details

MLS® Number 1343199
Property Type Business
Neigbourhood Centretown



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



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