A thriving business opportunity in the heart of Richmond has just found its new owner! This well-established coin laundry business in Richmond, located at 110 8040 Garden City Way, was a fantastic investment opportunity thanks to its prime location and steady customer base. Nestled in a bustling shopping center at the intersection of Garden City and Blundell, the business enjoyed a high foot traffic area with ample parking and easy accessibility.
A Prime Location for a Coin Laundry Business in Richmond
The Blundell neighborhood is home to approximately 21,951 residents, providing a strong and reliable clientele for this essential service. Richmond’s overall population growth has only added to the demand for convenient laundry solutions. The shopping plaza offers an array of amenities, making it a go-to destination for locals.
Nearby attractions and conveniences include:
- Blundell Centre – A popular shopping destination with grocery stores, restaurants, and services.
- Garden City Community Park – A serene green space perfect for relaxation.
- Richmond Centre – One of the largest shopping malls in the area.
- Minoru Park – A picturesque park with trails, sports fields, and a cultural center.
Why This Self-Service Laundromat in Richmond Stood Out
This coin laundry business in Richmond was highly sought after due to its stable revenue stream and high-profit potential. Unlike some commercial leases, this location had no demolition clause, ensuring long-term stability for business owners. Additionally, the confidentiality of the sale process was a key factor, ensuring a smooth transition for both the buyer and the existing staff.
While this excellent opportunity has now been sold, the Richmond market continues to offer fantastic investment possibilities. If you’re looking for similar business opportunities, feel free to contact Jared Gibbons, a real estate agent with over 10 years of experience who will help you find exactly what you’re looking for.
Stay tuned for more exciting investment opportunities in Richmond’s dynamic market!