Looking to diversify your portfolio! Here’s a fantastic opportunity to own a profitable, well-established coin-operated laundromat and restaurant – a dual-income operation designed for success. This property offers everything needed for a seamless transition. A fully equipped commercial kitchen with appliances, tools, accessories, exhaust fan system, walk-in cooler and walk-in freezer. It has a bright dining area with tables and chairs already in place. The laundromat generates a steady income stream, with plenty of potential to expand revenue through additional services and creative ideas. The property’s prime location provides excellent exposure to both foot and vehicle traffic, enduring consistent business flow. Don’t miss this rare opportunity that combines operational success with solid real estate investment.
Essential information
MLS® number
A2261629
Status
Active
Price
$575,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
2,176 sq ft
Year built
1969
Structure
Mixed Use
Listing brokerage
Grassroots Realty Group Ltd.
Source
Pillar 9™ MLS® System
Interior
Included
Equipment list will be provided to all serious buyers upon request.
Exterior and construction
Zoning
CR
Community
City
Manning
Province
AB
Postal code
T0H 2M0
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
SDE—
EBITDA—
Gross profit
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Pre-tax profit as the books show it
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Value at that multiple SDE × multiple
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Asking price as a multiple of SDE
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.
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27 photos$625,00025 232073 Twp Rd 920, Manning
