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Laundromat w/ Dry Cleaning Drop and Fluff & Fold
| Asking Price: | $149,000 | Inventory: | $1,000 ++ |
| Gross Revenue: | $156,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $45,000 (comments below) | FF&E: | $150,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Based on 8 months P&Ls | |||
| Cash Flow Comments: Based on 8 months P&Ls | |||
Established 28 years. Bright, busy, Laundromat in nice, busy shopping center. Also does Dry Cleaning Drop and Fluff & Fold. Recently remodeled (16 months) and now newly renovated. Mostly new equipment and balance of equipment is only 5 years old. Surveillance system can be monitored from any p.c.. Currently operated by employees and one owner part-time. Seller states that an owner operator could raise the Net Income. Are legally grandfathered for 4 video poker machines with a New License. Assumable Note of approx. $39K @ $1,339.63 per month. Present All Offers. GROSS SALES AND TOTAL INCOME ARE APPROXIMATIONS BASED ON 8 MONTHS P&Ls.
About the Business
Year Established:1981
Employees:1 full time - 2 part time
Facilities:Leased location of 2,100 square feet with a total rent of $3,245. Seller is active in business with 1 full time employee and 2 part time employees. $75,000 Leasehold Improvements.
About the Sale
Management Training and Support:2 weeks
Reason For Selling:Remodeled to Sell
Seller Financing:Seller Will Consider All Offers
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