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Laundromat Business For Sale In Lethbridge, Alberta
■ Location : Lethbridge, AB
■ Asking Price : ★NEW PRICE★ $349,000
■ Annual Sales : $192,000 (Avg. over 6 years)
■ Rent : $3,500 / Month
■ Utilities : $24,000 (Avg. over 6 years)
■ 30 Washers, 36 Dryers

Well-established Coin Laundry Business with upgraded equipment boasts a spacious,high visibility downtown location that does remarkable volume. The current owner has been operating this business for 25 years and is now ready to semi-retire.The business is housed in a spacious 3000 square foot facility that leases for $3500 per month plus G.S.T.All of the business's furniture, fixtures, equipment and goodwill will be included in the sale. It is highly profitable and has averaged $200k in sales. Owner pays employees $90,000 yearly.Unlike other businesses, this business shows steady income during COVID 19. This is the Perfect Semi-Absentee Ownership and absolutely recession resistant business. The owner has upgraded old machines to Top of the line High Efficiency Machines Both Durable and Dependable. We are seeking a serious and financially qualified buyer. All site visits must be discreet. All meetings must be made by appointment only!