Absentee Laundromat With Stand Alone Building-Linn County, MO-$120,000
Business Description
Only laundromat in small town that is being sold with the building/real estate.
Laundromat has older equipment but is ready for new and/or used machines.
Laundromat is operating more at a breakeven right now as it is just doing about $2,000 a month in revenue.
Cleaning person handles store daily for about $100 week. Store had auto locks but not working. New buyer should look at reinstalling new auto locks.
Building is approx. 1700 sq ft. It is a well maintained stand alone building with good private parking and ample street parking. The stand alone building on .17 acres with recent appraisal of $70,000.
Seller believes the buyer can add a small home or trailer home on lot based on zoning for additional rental income. Buyer to verify.
Laundromat has 13 washers and 14 dryers that are 20-30 years old. There are 5 machines currently out of order but seller will make sure that no more than 4 are out of order at time of closing.
Laundromat is being priced at $50,000 since its an operating (not busy) business with a nice layout and working machines. However, the value is in the infrastructure (plumbing, electric, drains, gas lines, etc.)
Seller has owned 2 years but lives over 1 and 1/2 hours away and works a full time job so he just doesn't have to to build store revenue.
Great opportunity to get into the laundromat business and owner the real estate.
Cash offers or lender financing on real estate.
Price is $120,000 FIRM
Laundromat has older equipment but is ready for new and/or used machines.
Laundromat is operating more at a breakeven right now as it is just doing about $2,000 a month in revenue.
Cleaning person handles store daily for about $100 week. Store had auto locks but not working. New buyer should look at reinstalling new auto locks.
Building is approx. 1700 sq ft. It is a well maintained stand alone building with good private parking and ample street parking. The stand alone building on .17 acres with recent appraisal of $70,000.
Seller believes the buyer can add a small home or trailer home on lot based on zoning for additional rental income. Buyer to verify.
Laundromat has 13 washers and 14 dryers that are 20-30 years old. There are 5 machines currently out of order but seller will make sure that no more than 4 are out of order at time of closing.
Laundromat is being priced at $50,000 since its an operating (not busy) business with a nice layout and working machines. However, the value is in the infrastructure (plumbing, electric, drains, gas lines, etc.)
Seller has owned 2 years but lives over 1 and 1/2 hours away and works a full time job so he just doesn't have to to build store revenue.
Great opportunity to get into the laundromat business and owner the real estate.
Cash offers or lender financing on real estate.
Price is $120,000 FIRM
About the Business
- Years in Operation
- 31
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 1,700
Listing Info
- ID
- 2533316
- Listing Views
- 8
Listing ID: 2533316 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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