Laundromat with New Equipment, very Long Lease & Low
| Asking Price: | $185,000 | Inventory: | |
| Gross Revenue: | $137,800 | Real Estate: | n/a |
| Cash Flow: | $67,284 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Almost Brand New Laundromat (3 years old equipment) located inside of a just renovated building. Current owner took everything out and replace it with new equipment so as the electric and plumbing. Runs totally as an absentee owner does good volume. This location has a potential to increase sales if other services such as washing and folding are provided. Adding vending machines & soap dispensers could add more revenues to the business. Most of the machines still carry warranty. You can only do more since it is located in the middle of a huge residential population; most of them are apartment buildings. Excellent lease with very low rent.
About the Business
Year Established:8
Employees:1 full time -
Facilities:Fully equipped with almost brand new equipment, some of the machines still have manufactory warrantee,about 1,500 s/f with excellent 20 years lease and very good rent.
Market Outlook and Competition:Normal competition
About the Sale
Reason For Selling:Other Businesses
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