New renovation Coin Laundry with Pure Water store is located in a very popular shopping center with lots of parking spaces. Seller claims gross sale is Ave. approx. $265,222, SDE net income is approx. $57,048 with owner operating.

Seller has just invested about $155,094 to improve this store by replacing and adding the items below:

HVAC & AC Unit Installation $20,500.00
Mineral Fiber Ceiling Tiles $8,500.00
Hot Water Boiler $21,500.00
Hot Water Storage Tanks $14,956.12
Interior Refresh & Bathroom Remodel $20,000.00
Washer - Hot and Cold Water Valve & Hose Upgrades $6,000.00
Stainless Steel Water Refill Station $5,000.00
Square POS System $1,200.00
Wash & Fold POS System $1,000.00
New 60lb and 80lb Dexter Machines $38,736.25
New 50lb Stack Dexter Dryers $14,202.60
AC6000 Coin Change Machine $3,500.00
Total Investment $155,094.97

There are 32 washers and 32 stack dryers including one 60lb, one 80lb brand new Dexter Washers and two 50lb Dexter Dryers. Equipment list will be provided.

The store is approx. 2300 sqft, rent is $10,202 per month including NNN, lease will be expired in 2030 plus 5+5 years option. Annual increase is 3%.

This is coin only laundry. Open 7:30am to 9:00pm, 7 days per week.

There are more potentials to improve the business
--Offer Wash & Fold service, seller has bought POS system but they are too busy
to do so.
--Offer Pickup & Drop service

This is cash offer only without loan. If you are interested and financially qualified, contact me for details.