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Business for Sale Summary

Convenience Store & Laundromat - 27352

Business Type: retailing businesses,laundromats,special situations,convenience store
Convenience Store & Laundromat
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Financial Information (non-confidential)

General Information
Asking Price $100,000 Down Payment $0
Gross Revenues $375,000 Lease Remaining Register Free to View
Owner’s Cash Flow $65,800 Number of FT Employees Register Free to View


$0 Down and

Business Description

Rare opportunity to buy a great laundromat and convenience store combo location. The current Seller took over the business in November 2014. But due to earthquake which directly affected his family in his home country, Tibet,in late April, seller needs to return asap and is forced to sell immediately. Business is located across from apartments which utilize convenience store and laundromat. Seller has only had time to do minimal face lift, cleaning and lighting but no advertising or marketing. This is a diamond in the rough. Laundromat has 23 Speed Queen dryers and 14 washers which include 6 heavy duty washers($5, $4.50 & $4 per load) and 8 regular dryers($2 per load). Equipment alone is worth north of $100,000 new.There is also a toy vending machine, TV, etc. Convenience store features solid beer sales, breakfast and lunch deli sandwiches, grocery and tobacco. Also has improving lotto revenue and a busy ATM. Store is well organized and in demand in this neighborhood. Perfect for family business.

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.