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Asking Price$1,200,000
Revenue$620,755 Established2006
Cash Flow$311,051 Employees2 full-time
FF&E$250,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is an immaculate 3,000 sq. ft. mega - laundry with 15 parking spaces in their own private lot. The business owner is the landlord and will offer a 20 year lease with first right of refusal on the building. The business is currently open 24 hours a day, 7 days a week. They offer free parking, cable TV, Wifi, Air Conditioning and much more! They have 48 Huebsch Washers and 48 Heubsch Dryers (only 4 years old, still under warranty). These machines are top of the line with stainless steel bodies and stainless steel drums. They use the X-Changer Card System so all sales are 100% VERIFIABLE! The owner is absentee and spends less than 15 hrs/wk at the business. Gross Sales for past 12 months: $620,755.00 (Includes Card Machines - $463,409.00, Wash & Fold, Dry Cleaning Drop Off and Pick Up & Delivery - $157,346.00). Cash Flow: $311,051.00. We are looking for a serious and qualified buyer with at least $800K in liquid capital for the downpayment, deposits, working capital, etc. Please be prepared to provide Proof of Funds prior to a meeting. If you meet the criteria., call or email Mel Vaz today at 631-909-1095
Training/Support:seller will train
Seller Financing:$750,000.00 Down and $450K over 4 yrs. @ 6%.
Sale Reason:Other investments
Ad #40600
Seller Reference #22599
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Melvin L. Vaz
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