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Business for Sale Summary

Laundromat & Drop off Dry Cleaner - 28942

Business Type: laundromats,dry cleaning/ laundry services,special situations,seller financing available
Laundromat & Drop off Dry Cleaner
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Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $175,000
Gross Revenues $150,000 Lease Remaining Register Free to View
Owner’s Cash Flow $73,000 Number of FT Employees Register Free to View

Financing

$175,000 Down and $100k over 12 months @ 5%

Business Description

New (2015) neighborhood laundromat with 18 new dexter washers and 18 new dryers. 60% Drop off dry cleaner. On1st floor of 100 unit residential bdlg. with NO washers in units. Wash and fold service. Run 100% absentee- Owner operator can add $20k of $53k of absentee cash flow to total cash flow of $73k. Amazingly NO WATER BILLS. No commercial accounts, no advertising and no on site owner. Good lease in dense residential area. Contact broker Joe Stansky for more details 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.