103 peter ST new

Port Hope,ON L1A 1C5

$ 450000

- Bed

1 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision Port Hope

MLS Listing ID X12384219

Tax Year 2025

Property Sub-Type Sale Of Business

Property 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.

Location

Province ON

County Northumberland

Community Port Hope

Area Northumberland

Zoning Commercial

Interior

Cooling Yes

Inclusions Washers (20 total)3 50 lb (Continental)2 Dexter1 Wascomat 6 40 lb (Continental)5 30 lb (Continental)6 20 lb (Continental)Dryers (18 total)16 30 lb (Dexter)2 40 lb (Dexter)Additional Equipment1 Change Machine1 Soap Machine

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