Hot Listing

Laundrymat

Asking Price$350,000

Cash Flow

EBITDA$126,000

Gross Revenue$246,000

Inventory$316,000
Included in asking price
FF&E$12,700
Included in asking price
25LB washers, 1 soap vending,1 Soda vending, 1 snack vending machine
Total of dryers = 40, washers = 24
25lb ipso washers
50LB, 55LB IPSO WASHERS
Folding spots
(4)25LB IPSO, (4) 55LB IPSO, (4) 40LB IPDO
(6) 25 LB IPSO WASHERS
DRYERS
40LB continental washers
25LB washers, 1 soap vending,1 Soda vending, 1 snack vending machine
Total of dryers = 40, washers = 24
Save1/10
Hot Listing

Laundrymat


Asking Price$350,000

Cash Flow

EBITDA$126,000

Gross Revenue$246,000

Inventory$316,000
Included in asking price
FF&E$12,700
Included in asking price

Seller Financing Available
Business Description
Coin laundry
This is a coin based operation. Owner does not need to be present 24/7. The coin based side of the business generates money. But with fluff and fold the owner generates more money. Most customers work and they don’t have time to wash their clothing. They drop off their clothes and be charged $2,50 per pound. If new owner can create contracts with businesses such as home care, hospice, rehab centers, hotels. Owner generates more money like that.
About the Business
Years in Operation
41
Opportunities for Growth
Everything is set and ready to operate. The location has a vending machine that offers 49 different types of drinks, a snack machine for snacks for when customer need to snack on anything. A soap vending machine so customers don’t need to go anywhere else for it. A message chair for customers to enjoy themselves while cloths are washing. The doors are set up where owner doesn’t need to go open up in the morning and lights turn on as well. Owner can be absent because customers come and self wash themselves. If new buyer decides to do fluff and fold. Would generate more revenue. Owner just needs to go at nights to clean up and empty up the machine’s quarters and dump it back into the coin machine so coins won’t run out the next day. The location is also set where filming and video productions are done once every other week along with photo shooting. Would rent out per hour based on how much owner plans to charge per hour.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,150
Rent
$7,500.00 per month
About the Sale
Seller Motivation
Medical problems
Transition Support
Will train new buyer for two weeks, if needed then would keep doing so to make sure the new owner would know everything to be more successful. Also would always be one phone call away if needed any help with the maintenance of the machines.
Listing Info
ID
2502549
Listing Views
2995
Business Location

Contact Seller

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Business Listed by: Koryun Pyuskulyan

Listing ID: 2502549 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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