Coin Operated Laundry...Excellent Location...Profitable!
| Asking Price: | $175,000 | Inventory: | $1,000 ++ |
| Gross Revenue: | $138,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $52,000 (comments below) | FF&E: | $160,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: increasing | |||
| Cash Flow Comments: increasing | |||
This is a business that produces very high levels of cash. This is a business located in a great area with more than ample parking with easy in and easy out. Front and rear parking with front and rear access to store. Coin operated laundromats are money makers and are rare to find. This one has all new equipment / machines with lots of upside in vending and wash & fold. This facility is clean and like new from top to bottom. It is adjacent to very upscale town where the residents are in the hunt for a wash and fold laudromat. This is not currently being done but a sign in the window will bring you more customers than you can handle. There is also an opportunity to expand this store as the immediate next door facility is up for rent. You would be able to more than double this business ...size wise if that is what you are looking for. The current business is 1100 square feet of perfection. There are 17 washers and 18 dryers. A soap and bleach vending machine as well as snacks vending.
About the Business
Year Established:1990
Employees:1 part time
Facilities:1100 square feet. Strip plaza type. Plenty of parking in the front and in the rear. Front and rear entry. All new machines. Facility like new!
Market Outlook and Competition:Excellent....neighborhood looking for a wash and fold business. Currently not offered.....will be a welcomed addition and big money maker for new owner. Also can expand to the store next door which is currently vacant.
About the Sale
Management Training and Support:will train as needed
Reason For Selling:current owner has other businesses....needs cash
Seller Financing:available....open for discussion
KEYWORDS: coin operated, laundry, wash, dry fold, wash & fold, coin operated laundry, laundromat,
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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