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Business for Sale Summary

2,400 Sq. Ft. Laundromat - 29854

Business Type: must sell/drastic price reduction!,laundromats
2,400 Sq. Ft. Laundromat
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This business has received 327 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $75,000 Down Payment $75,000
Gross Revenues $135,200 Lease Remaining Register Free to View
Owner’s Cash Flow $26,000 Number of FT Employees Register Free to View



Business Description

Great laundromat for sale. *MAJOR PRICE REDUCTION* The store is located in a strip mall, surrounded by residential homes and apartments. There is no other laundromat for at least 2 - 3 miles. They offer 38 Primus washers and 52 ADC dryers. Six washers were recently replaced. All 52 dryers have been replaced with rebuilt machines. It is a 2,400 sq. ft facility, with 13 years left on the lease and a rent of $4,300/month. They are open seven days, from 7am to 9pm. They offer coin laundry, wash & fold service and soda/candy vending machines, owned by the seller. This location is well-lit with LED panels. In the past year, they achieved gross sales of approx. $135,200.00, with a net income of approx. $26,000.00. This is a absentee operation, with the owner only coming in about 4 hours/week. We are seeking a serious and financially-qualified buyer with at least $99K in liquid funds to cover the asking price. To learn more, please cal Mel Vaz today at 1-877-735-5224.ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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. kg

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.