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Asking Price$425,000
Revenue$234,000 Established2001
Cash Flow$117,993 Employees4 part-time
FF&E$150,000 FranchiseNo
Inventory$1,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Laundromat in a mid-size strip mall w/ great parking. They offer 25 Primus washing machines and 32 Wascomat dryers in a 1,600 sq.ft space. All machines have been maintained thoroughly and are in good shape. The lease has 15 years remaining at a rent of $3,472/mth. In the past year the business grossed approx. $228,800 with a net cash flow of approx. $117,993.00. The owner works in the store 2-3 hours/week. They have a busy drop-off service. It also has customary vending machines for soap and coin changers. It has a sitting area where customers can watch TV. We are seeking a serious and financially qualified buyer with at least $325K in liquid funds. To learn more, please call the broker at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.
Training/Support:The seller will train the new owner.
Seller Financing:325,000.00 Down & 100,000 for 2 years at 6%
Sale Reason:Desires to return to Europe
Ad #100396
Seller Reference #30317
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Mel Vaz
877-735-5224
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