Buying an Auto Repair Shop in Ontario: 12 Critical Checks

Buying an auto repair shop in Ontario – buyer reviewing an automotive facility

Buying an auto repair shop in Ontario can provide recurring demand, repeat customers and several revenue streams—but the value of a shop depends on much more than the seller’s annual sales. A buyer must verify the earnings, lease, equipment, technician team, customer records, environmental history and the shop’s ability to keep operating after ownership changes.

I am Morteza Sedighian, Broker of Record at Central Commercial Realty. With more than 10 years of experience in business and commercial real estate transactions, I have seen promising automotive businesses look very different once the lease, repair-order history, equipment ownership and normalized labour cost are examined.

This guide explains the practical checks Ontario buyers should complete before making a firm commitment. It is general information—not legal, accounting, mechanical, environmental or financing advice. Every transaction requires independent professional review.

Quick Answer: Is an Auto Repair Shop a Good Business to Buy?

An established auto repair shop may be attractive when it has verifiable earnings, a loyal customer base, qualified technicians, a secure location and equipment that will not require immediate replacement. Demand can be resilient because vehicles require maintenance even when consumers delay purchasing new ones.

However, revenue alone does not prove value. Two shops with similar sales can produce very different returns because of labour efficiency, parts margins, rent, warranty work, owner involvement and deferred equipment maintenance. The right question is not simply “How busy is the shop?” It is “How much sustainable income will remain under new ownership?”

1. Decide Exactly What You Are Buying

Begin by identifying the assets and rights included in the proposed sale. A typical transaction may include goodwill, customer records, telephone numbers, websites, trade names, equipment, tools, parts inventory, work in progress and an assignment of the premises lease.

Ask for a written asset list. Separate seller-owned equipment from leased or financed items. Confirm whether diagnostic-software subscriptions, telephone numbers, online profiles and shop-management data can be transferred. Personal tools belonging to technicians should not appear on the purchase list.

If the property is included, analyze the real estate separately from the operating business. The building, land, automotive use, environmental condition and redevelopment potential require their own valuation and due diligence.

2. Verify Sales Using Repair Orders—not a Summary Spreadsheet

Request at least three years of financial statements and corporate tax returns, where available, plus monthly sales reports from the shop-management or point-of-sale system. Sample actual repair orders and reconcile them with bank deposits, HST filings and parts-supplier statements.

Break revenue into meaningful categories:

  • Mechanical labour
  • Parts and materials
  • Tires and seasonal storage
  • Diagnostics and electrical work
  • Vehicle inspections
  • Fleet or commercial accounts
  • Body, paint or sublet work
  • Other services such as detailing or towing

Monthly results can reveal seasonality and dependence on tire-change periods. They may also show whether sales are growing, stable or declining. Investigate unexplained gaps between reported revenue, repair-order totals and deposits before relying on the seller’s stated earnings.

3. Calculate Normalized Earnings Conservatively

Seller’s discretionary earnings can be useful, but every proposed add-back must be tested. Owner compensation, related-party expenses and one-time costs may require adjustment; recurring labour, rent, insurance, software and equipment maintenance do not disappear after closing.

Ask what the current owner actually does each week. If the owner writes service, diagnoses vehicles, manages technicians and handles purchasing, a buyer who cannot perform those duties may need to hire a manager or licensed technician. That replacement cost belongs in the normalized operating statement.

A defensible valuation is based on income that can be verified and reproduced—not on undocumented cash sales or optimistic projections.

4. Review the Commercial Lease and Automotive Use

When buying an auto repair shop in Ontario, the commercial lease may be as important as the shop’s financial results. Review the remaining term, renewal options, base rent, additional rent, permitted use, assignment rules, personal guarantees, repair obligations and demolition or relocation clauses.

Confirm that the premises legally permits the services the buyer intends to provide. Automotive repair, body work, painting, tire storage, outdoor parking and vehicle sales may be treated differently under municipal zoning and property rules.

Do not assume the landlord will assign or extend the lease on the same terms. Make the transaction conditional on a lease arrangement that supports the purchase price and the buyer’s financing horizon.

5. Inspect Hoists, Compressors and Diagnostic Equipment

Before buying an auto repair shop in Ontario, hire qualified professionals to inspect major equipment. Obtain model and serial numbers, ages, maintenance records and proof of ownership for:

  • Vehicle lifts and hoists
  • Air compressors and distribution lines
  • Alignment machines and racks
  • Tire changers and wheel balancers
  • Diagnostic scanners and software
  • Brake lathes and specialty tools
  • Oil-storage and fluid-handling systems
  • Welding or body-shop equipment
  • Security, computer and telephone systems

Older equipment is not automatically a problem, but the offer should reflect realistic repair and replacement costs. Confirm whether software licences and manufacturer subscriptions transfer to the purchaser or require new contracts.

6. Examine Technician Qualifications and Retention Risk

A shop’s reputation and capacity often depend on its technicians. Review each employee’s role, tenure, compensation, vacation entitlement, benefits, productivity and qualifications. Verify trade credentials through the Skilled Trades Ontario Public Register and obtain employment-law advice about the purchaser’s obligations.

Ask which technician handles difficult diagnostics, who communicates with key customers and whether anyone plans to leave after the sale. Do not rely on informal promises that all staff will remain.

Prepare a confidential transition plan. A respectful introduction, clear compensation structure and uninterrupted payroll can help preserve the team, but employment matters should be handled with legal advice and appropriate confidentiality.

7. Test the Quality of the Customer Base

The customer base can determine whether buying an auto repair shop in Ontario produces sustainable results. A long customer list has limited value if most records are inactive. Review anonymized customer reports before receiving personal information. Look at active customers, visit frequency, average repair order, retention, online reviews and the percentage of revenue generated by the largest accounts.

Fleet business can provide steady volume, but concentration creates risk. If one commercial customer represents a large share of sales, confirm the relationship, payment history and whether the account can continue after closing.

Also determine whether customers come for the shop, the location, a franchise brand or the seller personally. A transition period may be valuable when the owner is the public face of the business.

8. Review Parts Margins, Suppliers and Inventory

Compare parts sales with purchase records and gross margins. Request statements from major suppliers and identify rebates, volume discounts, return privileges, outstanding credits and overdue balances.

Count inventory at closing using an agreed method. Exclude obsolete, damaged, opened or non-returnable items unless the buyer assigns them a specific value. Tires and specialty parts may occupy considerable space while having little resale value.

Confirm that important supplier relationships and commercial credit terms will be available to the buyer. New ownership may require deposits or different payment terms, which should be included in the working-capital budget.

9. Investigate Environmental and Waste-Handling Issues

Environmental review is essential when buying an auto repair shop in Ontario because automotive operations may involve used oil, coolants, solvents, batteries, refrigerants and other controlled materials. Review waste-removal records, spills, storage practices, floor drains, separators and any historical underground tanks.

If the real estate is included—or if the lender, lawyer or environmental consultant recommends it—environmental due diligence may include a Phase One Environmental Site Assessment and further investigation. A clean-looking floor does not establish the condition of the soil or groundwater.

Clarify responsibility for pre-closing contamination and compliance matters in the agreement. Environmental risk can affect financing, insurance, future resale and the landlord-tenant relationship.

10. Confirm Licences, Inspections and Business Compliance

Identify every registration, inspection, municipal permission and contractual approval required for the shop’s current services. Requirements vary by municipality and by activity.

Depending on the operation, review technician credentials, Ontario DriveON vehicle-inspection program participation, signage, fire compliance, waste handling, refrigerant work and permissions for body or paint operations. The buyer should verify current requirements directly with the relevant authorities rather than assuming the seller’s approvals automatically transfer.

Check for open work orders, outstanding claims, consumer complaints, liens, litigation and unpaid remittances with professional advisers.

11. Build a Complete First-Year Capital and Working-Capital Budget

The purchase price is only one part of the required investment. A buyer may need funds for inventory, rent deposits, payroll, insurance, supplier deposits, professional fees, software, signage, equipment repairs and marketing.

Anyone buying an auto repair shop in Ontario should create two budgets: a closing budget and a 12-month operating reserve. Include known equipment replacements and a reasonable contingency. A profitable shop can still face a cash shortage when supplier terms tighten, seasonal sales slow or a hoist or compressor fails.

Discuss financing early. Lenders typically examine the buyer’s relevant experience, equity contribution, verified cash flow, lease security, equipment value and credit profile.

12. Make the Offer Conditional on Proper Due Diligence

Before buying an auto repair shop in Ontario, use a carefully drafted conditional offer that gives you time to test the seller’s representations. Conditions may address:

  • Financing approval
  • Satisfactory review of financial and tax records
  • Lease assignment or a new lease
  • Equipment and building inspections
  • Environmental review
  • Employment and credential verification
  • Supplier and franchise approvals
  • Inventory count
  • Legal and accounting review
  • Verification of licences and permitted use

The conditions and timelines must fit the specific transaction. Have a lawyer prepare or review the agreement before it becomes binding.

Auto Repair Shop Due-Diligence Checklist

Financial

  • Three years of statements and tax returns
  • Monthly repair-order and point-of-sale reports
  • Bank, HST and supplier reconciliation
  • Labour hours, effective door rate and technician productivity
  • Parts margin and supplier rebates
  • Normalized owner compensation and replacement labour

Legal and Lease

  • Asset ownership and liens
  • Lease term, options and landlord consent
  • Permitted automotive uses
  • Employee obligations and transition plan
  • Trade name, phone number, website and data transfer
  • Licences, claims and compliance history

Operational

  • Equipment list and professional inspections
  • Technician qualifications and retention
  • Active-customer and fleet-account concentration
  • Inventory condition and count
  • Waste, drains and environmental records
  • Immediate capital expenditures and working capital

Warning Signs Buyers Should Investigate

  • Sales that cannot be reconciled with repair orders and deposits
  • Heavy reliance on undocumented cash revenue
  • A short lease with no secure renewal option
  • Important equipment that is leased, financed or owned by others
  • One technician or fleet customer supporting a large share of revenue
  • Missing maintenance, waste or environmental records
  • Unusually low payroll because the seller works excessive unpaid hours
  • Old diagnostic equipment with non-transferable software
  • Deferred repairs or unsafe-looking shop conditions
  • Pressure to waive conditions before documents are provided

A warning sign does not always end a transaction. It means the issue should be independently understood, reflected in the price and addressed in the agreement.

Frequently Asked Questions About Buying an Auto Repair Shop in Ontario

How much does it cost to buy an auto repair shop?

The price depends on verified earnings, location, lease security, equipment, staff, customer concentration and whether real estate is included. Buyers should budget separately for the purchase, inventory, closing costs, working capital and immediate equipment needs.

How is an auto repair business valued?

Valuation usually considers normalized maintainable earnings, tangible assets, lease quality, customer and staff continuity, market evidence and business-specific risks. A revenue multiple alone can be misleading.

Do I need to be a licensed technician to own the shop?

Ownership and the qualifications required to perform or supervise specific work are different questions. Requirements depend on the services and staffing model. Verify the current rules with the applicable Ontario authorities and obtain legal advice before closing.

Should I buy the assets or the corporation’s shares?

Each structure has tax, legal and liability consequences. The buyer and seller may prefer different structures. Obtain independent legal and accounting advice before deciding.

Can the shop operate while the transaction closes?

Usually the parties plan for uninterrupted operations, but lease approval, employee communication, supplier accounts, insurance, licences and data transfer must be coordinated carefully.

Where can I find auto repair shops for sale?

Review Central Commercial’s current business listings, including automotive opportunities when available. Some confidential opportunities may require a signed NDA before details are released.

Professional Help Buying an Auto Repair Shop in Ontario

An automotive-business acquisition combines financial verification, commercial leasing, equipment review, staffing and regulatory due diligence. The strongest opportunities are those whose earnings and operating foundations can be independently verified.

Central Commercial Realty Inc., Brokerage assists buyers and sellers with business and commercial real estate transactions across Toronto, the GTA and Ontario. We help clients evaluate opportunities, structure conditional offers and coordinate due diligence with their legal, accounting, financing, mechanical and environmental advisers.

Morteza Sedighian
Broker of Record
Over 10 years of business and commercial real estate experience
Central Commercial Realty Inc., Brokerage

Call: 416-500-8777
Email: info@morteza.realtor

Discuss Your Auto Repair Shop Purchase

Disclaimer: This article is provided for general informational purposes only and does not constitute legal, accounting, financing, mechanical, engineering or environmental advice. Buyers should obtain independent professional advice appropriate to the specific transaction.

Buying a Laundromat in Toronto: 12 Essential Checks for a Smart Purchase

Buying a laundromat in Toronto with a commercial business broker

Buying a laundromat in Toronto can look straightforward: customers need clean clothes, the equipment is already installed, and many stores operate with a small team. But the value of a laundromat is not determined by the number of machines or the seller’s claimed weekly collections. It depends on verifiable cash flow, a secure lease, realistic utility costs, equipment condition and the buyer’s ability to operate the location after closing.
I am Morteza Sedighian, Broker of Record at Central Commercial Realty. For more than 10 years, I have worked with buyers and sellers of businesses and commercial properties across Toronto and the GTA. The most important lesson I can offer a laundromat buyer is simple: do not confuse steady customer traffic with a safe acquisition. A busy store can still have weak margins, an expiring lease or a large equipment bill waiting around the corner.

This guide explains how I would organize the investigation before committing to a laundromat purchase. It is educational information, not legal, accounting, engineering or lending advice. Your lawyer, accountant, lender and qualified equipment specialists should review the final transaction.

Buying a Laundromat in Toronto: the short answer

A good laundromat acquisition usually has five qualities: revenue that can be independently tested, normalized expenses that reflect current costs, machines with a documented service history, a lease long enough to support the purchase price, and a location with durable customer demand. If one of these foundations is weak, the price and deal structure should reflect the risk.

Before submitting a firm offer, buyers should obtain and reconcile financial statements, bank deposits, sales records, utility bills, lease documents, equipment lists, repair history and licence information. Conditions in the offer should allow enough time for professional review.

1. Define exactly what you are buying

Start by identifying whether the proposed transaction is an asset purchase or a share purchase. In an asset transaction, a buyer may acquire selected equipment, inventory, contracts, trade names, phone numbers, websites and leasehold interests. In a share transaction, the buyer acquires the corporation with its history, assets and liabilities.

The structure affects tax, financing, liability and documentation. It also affects what a lender may finance. The federal Canada Small Business Financing Program states that eligible assets of an existing business may qualify, while share purchases are not eligible under that program. Discuss the structure with a business lawyer and accountant before signing a binding agreement.

2. Verify revenue instead of accepting a weekly estimate

Revenue verification is one of the hardest parts of buying a laundromat in Toronto, especially when a store still receives substantial coin or cash payments. A seller’s handwritten collection log can be useful, but it is not enough by itself.

Ask for at least three years of financial statements and tax filings, monthly bank statements, point-of-sale reports, card-system records, wash-and-fold invoices and vending sales. Compare those records with the seller’s collection sheets. Look for consistency between reported sales, deposits, customer volume and utility consumption.

A practical review should include several unannounced observation periods at different times and on different days. Record machine usage, average vend prices and wash-and-fold activity. This does not produce a perfect annual revenue number, but it helps test whether the seller’s story is plausible.

A simple revenue cross-check

Build a model using the number of operating washers and dryers, observed turns per day, vend prices and the percentage of machines that are unavailable. Compare the model with card-system data and utility use. If the model, deposits and utility consumption point in different directions, investigate the gap before relying on the seller’s earnings.

3. Reconstruct normalized cash flow

Do not value the business from gross revenue alone. Rebuild the profit-and-loss statement using expenses that a new owner will actually incur. Include rent, additional rent, water, sewer, gas, electricity, payroll, insurance, repairs, cleaning, merchant fees, supplies, bookkeeping, licence costs, security, internet and waste removal.

Separate genuine one-time items from recurring costs. Also add expenses that may be missing because the current owner performs unpaid work. If the seller cleans the store, handles customer complaints and collects cash personally, the buyer must either do that work or pay someone else to do it.

For a buyer considering buying a laundromat in Toronto, normalized cash flow should reflect the labour and expenses that will exist after closing.

The result is normalized cash flow: an estimate of maintainable earnings under the buyer’s expected operating model. It is more useful than a seller-provided “net profit” number that may exclude labour, repairs or equipment reserves.

4. Examine water, gas and electricity in detail

Utilities are not a minor line item in a laundromat. Obtain at least 24 months of complete bills and map consumption and cost by month. Look for seasonal changes, unexplained spikes, estimated readings, leaks and changes in operating hours.

Toronto’s official 2026 water rates show why buyers should use current costs rather than an old annual total. As of January 1, 2026, the published Block 1 rate paid by the due date is $4.8629 per cubic metre. Rates and fees can change, so update the underwriting with the applicable municipality’s current schedule.

Utility analysis is especially important when buying a laundromat in Toronto because water and energy costs directly affect each wash cycle.

Compare utility consumption with machine count and claimed sales. A business reporting materially higher wash volume without a corresponding pattern in water and gas use deserves closer analysis. The explanation may be valid—for example, high-efficiency machines or wash-and-fold pricing—but it should be documented.

5. Inspect every washer, dryer and payment system

Create an equipment schedule listing manufacturer, model, serial number, capacity, installation year, ownership status and known repairs. Confirm whether any machines are leased, financed or subject to liens. Do not assume that everything physically inside the premises belongs to the seller.

Hire a qualified laundry-equipment technician to inspect the machines. Ask about bearings, seals, controls, drain systems, heating components, venting, water lines and the availability of replacement parts. Review service invoices and identify machines that repeatedly fail.

When buying a laundromat in Toronto, treat machine replacement as a planned capital expense rather than an unexpected surprise.

Estimate near-term capital expenditures. A store may generate acceptable cash flow today but require a costly retool soon after closing. Your valuation should recognize that obligation instead of treating all machines as equally productive assets.

6. Treat the lease as part of the business value

A laundromat is unusually dependent on its premises because moving the business requires major plumbing, drainage, electrical, gas and venting work. A short or uncertain lease can therefore damage both financing and resale value.

Review the remaining term, renewal options, rent increases, additional rent, permitted use, exclusivity, assignment rights, relocation rights, demolition clauses, restoration obligations, security deposit and personal guarantees. Confirm whether the landlord must consent to the transfer and what financial information the landlord may require from the buyer.

Lease control deserves special attention when buying a laundromat in Toronto, where relocation and new utility connections can be expensive.

Calculate the total controlled term, not just the current expiry date. A buyer paying for long-term goodwill should have enough lease control to operate the business and preserve a realistic exit opportunity.

7. Confirm zoning, licences and permitted use

Do not assume that an existing operation automatically satisfies every current requirement. Confirm the permitted use, business licence status and any building, fire, plumbing or accessibility issues that could affect continued operation or renovations.

The City of Toronto’s licence and permit directory states that laundromats, laundry depots and dry-cleaning-related services require a business licence. Toronto also explains that zoning rules regulate how property may be used. Municipal rules differ across Mississauga, Brampton, Vaughan, Markham and other GTA municipalities, so verify the specific property rather than relying on a general assumption.

8. Study the trade area and customer demand

Buying a laundromat in Toronto is partly a real-estate decision. Walk the surrounding neighbourhood. Identify rental apartment buildings, student housing, older housing stock, competing laundromats, parking, public transit, visibility and pedestrian access.

Visit competitors and compare machine sizes, pricing, cleanliness, hours, card systems and wash-and-fold service. A dense population does not guarantee demand if nearby buildings have in-suite laundry or a stronger competitor has recently opened.

Ask how the area may change. New residential development can add customers, while redevelopment of older rental buildings can alter the customer base. The correct trade-area analysis is specific to the store, not a citywide average.

9. Understand how much owner involvement is required

A laundromat is not automatically passive income. Someone must clean the premises, respond to equipment failures, manage attendants, handle refunds, maintain security, reconcile collections and monitor customer service.

Prepare two cash-flow versions: one for an owner-operator and another for a managed or semi-absentee model. Include market compensation for every role. If the investment only works when the buyer contributes unpaid labour, that should be explicit in the decision.

10. Value the laundromat using maintainable earnings and required capital

There is no single reliable multiple for every laundromat. Two stores with the same reported cash flow can have very different values because of lease security, equipment age, revenue quality, staffing and location.

Begin with normalized maintainable earnings, then consider the quality and risk of those earnings. Deduct or otherwise account for near-term equipment replacements and deferred maintenance. Compare the result with the value of the assets and with relevant completed transactions when reliable data is available.

Hypothetical valuation example

Assume a store reports $150,000 of annual owner benefit. Your review identifies $18,000 of missing management labour, $7,000 of recurring repairs previously treated as exceptional and $5,000 of underreported insurance and software costs. Normalized benefit becomes $120,000 before financing and tax.

If the equipment inspection also identifies $90,000 of replacements likely within two years, that capital requirement must be considered separately. The example does not establish a market multiple; it demonstrates why buyers should normalize earnings before discussing price.

For real-estate investors, our Toronto commercial cap-rate guide explains property-level net operating income and cap rates. Do not apply a property cap rate mechanically to a laundromat operating business. Business goodwill and commercial real estate are different assets and require different valuation analysis.

11. Make the offer conditional on meaningful due diligence

Financing and offer conditions should be discussed early when buying a laundromat in Toronto.

A well-written offer should clearly identify the assets, assumed liabilities, inventory treatment, training, non-competition terms, lease assignment, landlord consent, financing and required records. It should also provide enough time for financial, legal, equipment and operational review.

Common conditions may include satisfactory review of financial records, lease documents, equipment, licences, financing and landlord consent. The appropriate language depends on the transaction and should be prepared or reviewed by a qualified lawyer.

Do not waive a condition merely because the deadline is approaching. If required information is late or incomplete, seek professional advice about an extension, price adjustment, holdback or termination rights.

12. Plan the first 100 days before closing

The transition plan should cover employee communication, supplier accounts, cash and card systems, opening procedures, cleaning schedules, pricing, repairs, refunds, security and customer notices. Confirm how keys, codes, websites, phone numbers, social accounts and service contracts will transfer.

Protect working capital. Even a profitable acquisition can experience immediate repair costs or a temporary sales disruption. Avoid using every available dollar for the purchase price and leaving no reserve for operations.

Red flags when buying a laundromat in Toronto

  • The seller will not provide complete utility bills, bank statements or tax records.
  • Claimed revenue cannot be reconciled with deposits, card reports, observation or consumption.
  • The lease expires soon and the landlord will not discuss an extension.
  • A significant number of machines are out of service or have no service history.
  • The asking price assumes the owner’s unpaid labour has no cost.
  • Equipment ownership or financing cannot be verified.
  • The business licence, zoning or permitted-use status is unclear.
  • The seller pressures the buyer to waive conditions before key documents arrive.
  • Large improvements are presented as optional even though the business depends on them.

Laundromat due-diligence checklist

  • Three years of financial statements and tax returns
  • Monthly bank and merchant-processing statements
  • Coin, card and wash-and-fold sales records
  • At least 24 months of water, gas and electricity bills
  • Complete lease, amendments and renewal options
  • Written landlord requirements for assignment
  • Equipment schedule with serial numbers and ownership
  • Independent technician’s inspection
  • Repair invoices and maintenance contracts
  • Employee list, wages, hours and vacation obligations
  • Insurance claims and current coverage
  • Licence, zoning and permitted-use confirmation
  • Supplier, security, internet and waste contracts
  • Working-capital and near-term capital budget

Frequently asked questions

Is buying a laundromat in Toronto a good investment?

It can be, when the cash flow is verifiable, the lease is secure, the equipment is serviceable and the purchase price reflects required capital. The business should be evaluated on its specific records rather than the general reputation of laundromats as recession-resistant or passive.

How do you verify laundromat income?

Reconcile financial statements and tax filings with bank deposits, card-system reports, collection records, wash-and-fold invoices, customer observations and utility consumption. No single document should carry the entire conclusion.

What is the biggest risk when buying a laundromat?

The biggest risk varies by deal, but weak revenue verification, a short lease and aging equipment are often decisive. These risks can interact: a buyer may be unable to justify new equipment when the location is not controlled for enough years.

Can a laundromat purchase be financed in Canada?

Financing depends on the borrower, transaction structure, assets, cash flow and lender. The Canada Small Business Financing Program notes that eligible assets of an existing business may qualify. Buyers should speak with lenders before committing to appraisal or financing costs.

Should I buy the business or the property too?

Owning the real estate can provide greater location control, but it requires separate property valuation, financing and due diligence. When both are offered, analyze the operating business and the real estate separately before considering the combined return.

What documents should I request when buying a laundromat in Toronto?

When buying a laundromat in Toronto, request financial statements, tax filings, bank deposits, payment-system reports, utility bills, the lease and amendments, equipment records, repair invoices, employee information, licences and material contracts.

Speak with a Toronto business broker

Buying a laundromat in Toronto requires more than finding a listing and agreeing on a price. The strongest buyers test the income, understand the lease, inspect the equipment and plan the transition before their conditions expire.

Central Commercial Realty assists buyers and sellers of businesses and commercial properties across Toronto and the GTA. To discuss a laundromat acquisition or a confidential sale, contact Morteza Sedighian, Broker of Record, at info@morteza.realtor or call 416-500-8777.

About the author: Morteza Sedighian is the Broker of Record at Central Commercial Realty and has more than 10 years of experience working with business owners, commercial buyers and investors in Toronto and the GTA.