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This Business has been Sold!
Broker: Rick Murray

Business for Sale Summary

100% ABSENTEE Laundromat - 25858

Business Type: best deals!,must sell/drastic price reduction!,absentee business,new to market,seller financing available,laundromats
Sold
100% ABSENTEE Laundromat
On , The Undersigned
Acted as the Advisor to the Deal
No Photo
Rick Murray Senior Broker
Servicing: This Broker is Servicing All of AL, AR and MS
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $109,000 Down Payment $109,000
Gross Revenues $45,000 Lease Remaining Register Free to View
Owner’s Cash Flow $10,000 Number of FT Employees Register Free to View

Financing

$109,000 Down and Asset sale. All cash at closing.

Business Description

ATTENTION BUYERS THAT WANT TO OWN A LAUNDROMAT ? ABSENTEE!! This Laundromat is 100% absentee, fully automated and completely a self-operation service with magnetic door timer to open and close including a full security system for everyone?s protection. The location could not be better than this plaza with plenty of parking on a major arterial road next to an intersection across the street from an apartment complex. It is also surrounded by other major pull businesses, churches, schools, golf courses, and just of state highway. There are no cost of goods sold, no payroll, low expenses and overhead, and is currently returning a 46% return on income. The new owner can definitely increase revenue and profits by increasing awareness through social media, advertising, promotions, added services like wash and fold, and pick-up and drop off services. And it gets better, No competition for at least 6 miles away, and the seller will finance 50% of sales price. This is absolutely the time to own a Laundromat with little to no money out of pocket, and little time needed to run the business. Please call me and let me know if you can find a better opportunity than this!! For more information and a no obligating meeting with the seller, please call 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.