This Laundromat over 4500 sq ft has been established for 5 years, with a 20 year lease and absentee owned with master lease - subtenant pays $4,400 per month which adds another $52,800 to the net cash flow. Very profitable and has all the potential for a new investor to take it to a new level. State of the art operation and added latest technology, with over $550,000 of equipment which makes this location very desirable. The seller has given Vested 5 total Laundromat that he would prefer to package for the right investor. They all are very similar in size and technology. Each has master tenant, therefore reducing the rent further from the top. Proof of funds is a must.
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