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30+ Year PHX Laundromat w/Low Rent, Growth Potential
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Great Opportunity!
Turnkey opportunity in a high-demand with significant untapped upside potential and seller financing available.
Family-owned & operated for over 30 years in a desirable, high-traffic location
Immediate opportunity to raise prices, add wash & fold and delivery services, extend operating hours
Seller willing to finance up to $75,000 of the purchase price at 8.0% interest over 30 months ($2,766/mo)
Seller currently works just 8-10 hours/week, primarily opening/closing, light cleaning, minor equipment repair
Seller is retiring and is willing to train the buyer on operations
Cosmetic upgrades completed in 2021 to refresh the interior
Formal P&Ls are not available. Sales figures derived from cash deposits; SDE is calculated by deducting electric, water, gas, rent, insurance, and parts & supplies
Transaction does not qualify for SBA financing; listing broker can refer buyers to non-SBA lenders for financing assistance
Buyers must complete an NDA and buyer profile to receive additional information
Buyers may request diligence items after submitting proof of funds and seller's acceptance of an offer
Family-owned & operated for over 30 years in a desirable, high-traffic location
Immediate opportunity to raise prices, add wash & fold and delivery services, extend operating hours
Seller willing to finance up to $75,000 of the purchase price at 8.0% interest over 30 months ($2,766/mo)
Seller currently works just 8-10 hours/week, primarily opening/closing, light cleaning, minor equipment repair
Seller is retiring and is willing to train the buyer on operations
Cosmetic upgrades completed in 2021 to refresh the interior
Formal P&Ls are not available. Sales figures derived from cash deposits; SDE is calculated by deducting electric, water, gas, rent, insurance, and parts & supplies
Transaction does not qualify for SBA financing; listing broker can refer buyers to non-SBA lenders for financing assistance
Buyers must complete an NDA and buyer profile to receive additional information
Buyers may request diligence items after submitting proof of funds and seller's acceptance of an offer
About the Business
- Years in Operation
- 31
Real Estate
- Owned or Leased
- Leased
- Rent
- $981.00 per month
About the Sale
- Seller Motivation
- Retirement
- Financing Options
- Financing Amount $75.000,00 ROI 8% Terms 30 Financing Monthly Payment $2.766,62
Listing Info
- ID
- 2464495
- Listing Views
- 3715
Listing ID: 2464495 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. See our full Terms of Use. Learn how to avoid scams.
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