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Asking Price$299,000
Revenue$320,000 Established1988
Cash Flow$128,000 Employees5 full-time
FF&E$200,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
High volume updated Laundromat. Well Established for 25 years. Located in a busy plaza anchored by a Supermarket and Discount Dept. store. Recently updated equipment, 8 of 30 washers installed in the last 2 years, nothing else over 12 years old and all well maintained. Assumable lease in place with 3.5 years to go and a 5 year option. Landlord willing to extend. Coin-op averages $2500 per week, Wash-dry-fold $1500 per week, Dry cleaning, $1000 per week, and commercial accounts $5000 per month (no delivery). Machines are all set up to accept credit cards or coins. Store has WiFi and video surveillance. Great opportunity for someone looking for a higher volume location. Seller offering financing! Call today!
Training/Support:seller will train
Seller Financing:$179,000.00 Down and Balance over 3-4 years @6%
Sale Reason:retirement
Ad #52989
Seller Reference #24062
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David Cohen
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