1(877) 735-5224
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Business for Sale

Established Laundromat
Kent County, RI

Listing #8634

   
Financial Information (non-confidential)
Asking Price $100,000.00 Gross Revenues $244,709.00
Down Payment $50,000.00 Owner’s Cash Flow $33,090.00

Financing: $50,000.00 Down and 5YR / 8% fixed

Reason for Selling:Retiring

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.
Marie Goldstein
Senior Business Broker
1-877-735-5224
mgoldstein@vestedbb.com
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Marie Goldstein

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.

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