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This Business has been Sold!
Closing Date: 10/14/2012

Business for Sale Summary

Laundromat - 20911

Business Type: retailing businesses,laundromats
Sold
Laundromat
On October 14th 2012, The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
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 $1,099,000 Down Payment $0
Gross Revenues $533,000 Lease Remaining Register Free to View
Owner’s Cash Flow $269,280 Number of FT Employees Register Free to View

Financing

$0 Down and negotiable

Business Description

This Laundromat over 2800 sq ft being established for 1 year based on projection from the seller, with a 20 year lease and absentee owned. Very profitable and has all the potential for a new investor to take it to a new level. State of the art operation and added latest technology, with over $475,000 of equipment which makes this location very desirable. The seller has given Vested 5 total Laundromats that he would prefer to package for the right investor. They all are very similar in size and technology. Each has master tenant, therefore reducing the rent further from the top. Proof of funds is a must.

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.