Financing: $140,000.00 Down and
Reason for Selling:Owner moving out of state.
Great Laundromat. Run Absentee! This store is located in a strip mall surrounded by residental homes and apartments. There is no other laundromat for at least 2 - 3 miles. They offer 40 Primus washers and 50 ADC dryers. It is a 2,500 sq. ft facility with 13.5 years left on the lease and a rent of $4,100/mth. They are open 7 days from 7am-10pm. They offer coin laundry and wash & fold service. This location is well-light with very well maintained equipment. In the past year they had gross sales of approx. $165,900.00 with a net income of approx. $40,080.00. THEY KEEP VERY GOOD FINANCIAL RECORDS THAT CAN BE VERIFIED! This is a fully absentee operation with the owner only coming in about 6 hrs./wk. We are seeking a serious and financially qualified buyer with at least $140K in liquid funds. If you do not have the LIQUID funds available, please do not inquire. However, if you do meet the criteria, please call 1-877-735-5224
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.