Long Established Laundromat - 37095

Financing

$299,000 Down and None.

Business Description

Long Established Laundromat. Still open and operating for over 40 years. Fully staffed. The owner recently passed away and his family is now selling this business. A prime location with a large parking lot. The laundromat is 2,000 sq. ft. with 24 Speed Queen Washers and 25 Speed Queen Dryers, approx. 11 yrs old. On a sewer system. They have 2 FT and 2 PT employees in place. The current rent is $3000/mth. The family that owns the business also owns the shopping center. They are willing to offer a 20 year plus lease to a well-qualified buyer. In fact, there is an adjacent 2,000 sq ft space that can be expanded into if you wish to build a mega laundry. They currently offer coin laundry and wash and fold service. No dry cleaning drop off or pick up and delivery service. Those can be added by a new owner. The entire shopping center is also available for sale through the owners! We are seeking a serious and financially qualified buyer with at least $299K in liquid funds. Proof of funds will be requested prior to any buyer-seller meetings or phone calls. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be very discreet.

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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.