Hot Listing

CONTRACT PENDING! M&T’S Laundry

Asking Price$49,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

CONTRACT PENDING! M&T’S Laundry


Asking Price$49,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This laundromat opportunity is being offered for a rock-bottom price since it needs some work repairing some washers and dryers. In the future you may also need to replace some of the washers with new used larger washers to increase the capacity. This laundromat is in a strip mall with a Mini-Mart, Party Store, Hair Salon, CBD Store, and a Tailor. This laundromat is located the middle of good demographics for the laundromat business and is less than one mile from downtown Wheaton. There are 26 washers and 18 dryer pockets, and all are card operated. Great opportunity and potential for hands-on buyers who are willing to work and manage this growing business. This is an excellent opportunity to get into this laundry industry with a very small investment. Other opportunities include, increasing the laundry drop-off business with online presents, also adding a pick-up and delivery service for Wheaton College and the many apartments surrounding this laundry. This must be an all-cash transition since no financing is available. You will need to have good credit to qualify for the long-term lease. Training and consulting are available for qualified buyers.
I would not wait any longer or you may miss out on the great opportunity.
Timing is everything!
About the Business
Opportunities for Growth
There is a high demand for laundromats in this area.
About the Sale
Seller Motivation
Owner has other interests
Transition Support
Complete training.
Financing Options
Requires a cash purchase.
Listing Info
ID
2301851
Listing Views
33749

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Business Listed by: John Vassiliades J. Vassiliades & Company

Listing ID: 2301851 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.