Turnkey, Modern Coin Laundry with Real Estate

Asking Price$2,950,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$694,526

InventoryNot Disclosed

FF&E$500,000
Included in asking price
Real Estate$650,000
Included in asking price
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Turnkey, Modern Coin Laundry with Real Estate


Asking Price$2,950,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$694,526

InventoryNot Disclosed

FF&E$500,000
Included in asking price
Real Estate$650,000
Included in asking price
Business Description
Semi-Absentee Business: Owner works 5-10 hours per week
For sale is a modern, clean, updated coin and card operated laundry in a high-traffic metro area with strong renter demographics. The business has been well maintained, with a number of new machines in place. It is staffed by a manager and four part-time employees, making it a turnkey, semi-absentee operated business. Owner spends 5-10 hours per week working in the business.

Sales and profitability have risen steadily under current ownership, and now the Owner is ready to transition to the right buyer to focus on other business interests. Proof of funds required to receive business details. Real estate valued at $650,000 included in asking price. Only serious buyer inquiries.
About the Business
Employees
5 Full-time
Opportunities for Growth
Growth Opportunities:
- Promoting the business more to the local community via mailers, flyers, and social media.
- Expanding Wash N Fold business and add pickup/delivery
- Extend evening hours or make laundry 24/7
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,000
About the Sale
Seller Motivation
Other Interests
Transition Support
2 weeks
Listing Info
ID
2479421
Listing Views
12

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Business Listed by: Doug Kose Transworld Business Advisors of Knoxville and Chattanooga

Listing ID: 2479421 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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