Profitable: Semi-Passive Investment - Modernized Coin Laundry

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Business Description

This HIGHLY successful business utilizes multiple revenue streams that create high, ongoing and reliable profits. The business operates in a 4200 square foot space which keeps overhead low and profits extremely high. We have brought real customer service and friendliness back to this industry. The other independently owned coin laundries just cannot compete with our “State of the Art” laundry facility.
DISTINGUISHING FACTORS INCLUDE:
- Top of the line “High Efficiency Machines Both Durable and Dependable”
- Passive Ownership Business - Full time attendants making minimum wage plus $1.00
- Multiple Revenue Streams - Wash, Dry, Fold, Coin Changer, Vending options and more…
- Best of the best surveillance and security measures
- Free Wi-Fi, spotlessly clean location, well light, well maintained
- Consistent demand, absolutely recession resistant business
- Nationally recognized company - Full Training and Ongoing Corporate Support will be included.
Contact Greg for detailed information.

About the Business

Year Established:
2018
Number of Employees:
2 F/T 3 P/T
Facilities:
Great location, contact for detailed information about this business.
Market Outlook/
Competition:
Very popular name in the industry.
Growth & Expansion:
High demand allows for continual long-term growth of this business.
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About the Sale

Reason For Selling:
Contact for this information.
Training/Support:
Full training and support will be included.
Seller Financing:
Third party financing is available.

Listing Info

ID:
1603421
Ad Detail Views:
0
Asking Price:
$450,000

Gross Revenue:
$409,047
Cash Flow:
$214,032
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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