HS Listing ID-69297

Financial Overview (2026 Projections)

Gross Revenue: $138,000/year

Net Income (Profit): $34,000/year

Monthly Utilities: $1,500

Payroll Costs: $2,600/month (2 part-time employees)

Outstanding Debts: $12,000 (to be paid off by sellers)

P&L Statements: Only 1 year available; asset sale excludes certain expenses

Lease & Property

Ownership: Leased

1100 Sq ft

Lease Term Remaining: 14 years

Monthly Rent: $2,500 (no increase for 2026, lease increase $150.00 every 2 years

Maintenance Responsibility: Tenant / Lessee

Equipment

Brands: ADC, Speed Queen

Condition: Good

Washers: 7, 10, and 20 years old

Dryers: 10 years old

Leased Equipment: None

Maintenance: no formal schedule

Warranties: None

Operations

Hours: 7am–10pm, 7 days/week

Staffing: 2 part-time employees

Customer Base & Marketing

Traffic Patterns:

Self-service: Busy weekends and Mondays

Drop-off: Busy weekdays

Growth History:

Monthly revenue grew from $6,000 to $15,000 (drop-off) and $25,000 (wash/dry/fold)

Growth Opportunities:

Expand pickup/delivery

Acquire commercial accounts (hotels, hospitals)

Marketing Materials: Included

Sale & Transition

Reason for Sale: Sellers have full-time jobs; no time to grow commercial accounts

Training Provided: Yes

Non-Compete Agreement: Will be included

Included in Sale: All equipment, POS system, inventory, keys and good will

Financing Options

Seller Financing: Yes w/ Proof of Pre-Approval upon LOI

$200K down payment

$50K loan at 10% interest over 5 years

SBA Financing: Not available

Preferred Sale Method: Cash

Financing Restrictions: MUST BE PRE-APPROVED, PROOF REQUIRED WITH LOI

Renovations & Expansion

Recent Upgrades:

Air conditioner: $5,000

New floors: $3,000

Paint

Expansion Potential: Commercial accounts, Airbnb,Hotels/Motels

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION