This store is in a GOOD location. It is surrounded by apartments and is in a well appointed stand alone building and has PLENTY of parking lot.

This is a totally absentee and unattended store with a card system in place.

Lots of potential to start a Wash & Fold as well as a Pick Up Delivery (PUD) service as the store currently does not offer either.

Great rent of $1400 and NNN is estimated to be about $300 month so you are all in at about $1700 for 1400 sq ft. Landlord will offer a new 10 year lease.

P&L assumes buyer cleans store daily but Seller has someone in place who can continue for approx. $800 month who is also handy with machine repair.

26 washers & 22 dryers approx. 20 years old in good working condition so you have time to come in and settle in and build sales/revenue further before investing in some new or used equipment.

You can always buy, upgrade and finance new equipment but you cannot buy such a great location.

$125,000
Cash Offers only- No Financing.
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BROKER'S NOTE ON ABSENTEE: This store is truly run absentee but as a former laundromat owner and broker who does 20 plus laundromats a year, the more time you spend at a store and manage it, the better. Most times when you see absentee, it just means that the owner has no set hours working the store, BUT, they need to be there weekly checking inventory, collecting cash, checking on maintenance, reviewing operations, managing work flow, managing staff, etc. Thus, you should always plan and on being at any store, even if marketed as "Absentee" for 10-15 hours a week minimum. Just my 2 cents but there is so much misleading info on laundromats in Social Media today. I tell all of my clients, "Laundromats are always more work than you think." Great business but if time is a concern, it may not be right for you.