Established Laundromat - 8634 Business Type: dry cleaning/ laundry services,laundromats
Acted as the Advisor to the Deal
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $100,000 | Down Payment | $50,000 |
| Gross Revenues | $244,709 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $33,090 | Number of FT Employees | Register Free to View |
Financing
$50,000 Down and 5YR / 8% fixed
Business Description
30 year established Laundromat, with a very loyal clientele base. Located in a heavily dense housing area perfectly suited for this type of business. There are 27 gas dryers, and 25 washers, along with vending machines, soda machines and video games. This is a great opportunity for someone to increase the pickup and drop-off end of the business, which is currently non-existent due to owners age. There is a great wash, dry and fold aspect to this facility that can easily be expanded upon. This location is has been running for over 30 years, and is located on a very busy street, (35,000 cars per day), and the location affords a high visibility profile.
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.
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