Coin Operated Laundry...Excellent Location...Profitable!
Seller Financing Available
Asking Price:   $175,000Inventory:   $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,


Sell Your Business | This listing has been viewed 227 times

advertisement
Contact the Seller
* Bold fields are required
Re: BizQuest ID:958683
Seller ID:1157
Your Name: 
Your Email Address: 
Phone Number: 
Message Text: 
Yes, I would like to receive the Buyer's Newsletter.
Yes, I would like to receive a daily summary of new listings.
Tips for Buyers
Privacy Pledge
BizQuest has been connecting buyers and sellers for over 15 years, and has earned a reputation for honesty and integrity. We will NEVER sell or share your personal information with anyone other than who you have specifically requested. For more see our Privacy Pledge
NO SPAM ALLOWED
BizQuest has a strong anti-spam policy. Use of this form for any reason other than to inquire about purchasing this business will result in cancellation of your account.
Business Listed By
Vince Basso  |  Basso Associates, LLC
View All of My Listings
Recommended Resources
Sponsored Links
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.