Hot Listing

Laundromat, Johnston RI.

Asking Price$75,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$95,000

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave
Hot Listing

Laundromat, Johnston RI.


Asking Price$75,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$95,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Priced For Quick Sale. Full of Potential. Make money from day 1
Take ownership of this laundry located on a main street in a very busy and safe area with great visibility. After 30 years running this business, the owner retires and gives you the opportunity to own this great business.

This is a laundromat with a nice set up with all the equipment you need: 23 FRONT LOAD WASHERS: four 40 Lbs., three 36 lbs., six 25 lbs., ten 20 lbs. , and 22 DRYERS. One money changer. Six folding tables, 14 carts, chairs, etc.

All the washers are soft- mount, which means less risk of damage caused by vibration. The price is well below the cost of acquiring the equipment and all the electrical and plumbing installations for the purpose of running a laundromat business.

The attractive lease will provide you with great terms for a long time, which will provide you peace of mind to run your business and recover and grow your investment.

The laundromat offers wash dry and fold service and is fully attended. The family runs the business. This can be upgraded with newer equipment and can be converted to absentee. The business is sold as is and as seen.

The hours are from 8:00am to 7:00pm seven days a week.

Cash flow is for the owner operator.

Please see below under" Growth & Expansion" all the available options you have to make this business grow using the new technology and applying the right business decisions.
About the Business
Years in Operation
31
Opportunities for Growth
This is a heavily populated and busy community in need of the services you will provide.

While keeping and improving the wash dry and fold service, you can open the laundromat at 5 AM and close midnight, just install automatic doors locks and camera monitoring system.
Install Credit Card payment system.
There is plenty of room to offer Dry Cleaners Drop Off, as well as Alterations.
Install a chute system offering your clients the convenience of after-hours drop-off.
Offer Commercial Laundry services, which will not be limited to your location.
Pickup and delivery service for your Laundry and dry cleaner’s services You can add pick-up and delivery service to residentials as well as local hair salons, small restaurants, health clubs, hotels, etc.
The premises has room for vending Machines
You can be a Lottery Agent and get extra income
Always local advertising helps
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retirement
Transition Support
Will train new buyer in daily operation
Listing Info
ID
2496490
Listing Views
87

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Javier Castro Boston Bay Business Brokers

Listing ID: 2496490 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.


Similar Listings
Fully Promoted
$60,000Fully PromotedFeatured Franchise
Flooring & General Contractor
$225,000Flooring & General ContractorProvidence County, RI
ShelfGenie
$50,000ShelfGenieFeatured Franchise
Custom Picture Framing Business
$129,000Custom Picture Framing BusinessProvidence County, RI
Fully Promoted
$60,000Fully PromotedFeatured Franchise
Flooring & General Contractor
$225,000Flooring & General ContractorProvidence County, RI
ShelfGenie
$50,000ShelfGenieFeatured Franchise
Custom Picture Framing Business
$129,000Custom Picture Framing BusinessProvidence County, RI
Fully Promoted
$60,000Fully PromotedFeatured Franchise