Established Profitable Commercial Laundry Business

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Established Profitable Commercial Laundry Business
Asking Price:
$475,000

Gross Revenue:
$785,000
Cash Flow:
$210,000
EBITDA:
$210,000
Inventory:
$20,000
included in asking price

FF&E:
$99,000
included in asking price

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Business Description

Established, profitable commercial laundry business offers steady cash flow as well as growth potential.

About the Business

Year Established:
1992
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
5,600
Rent:
$0.94 Per Month
Lease Expiration:
1/1/2021
Facilities:
Fully equipped facility.
Market Outlook/
Competition:
Few competitors serve this wealthy market with several high-end hotels and restaurants.
Growth & Expansion:
The building could be expanded to 20,0000 square feet.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
6 weeks at no additional cost.

Listing Info

ID:
1583297
Ad Detail Views:
0

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Business Listed by

John Hornblower

VR Business Brokers Aspen, CO
License# ER100051568

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Source: American Community Survey (2010-2014), United States Census Bureau.

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