Laundromat - 1586 Business Type: misc. service/non-classifiable
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $65,000 | Down Payment | $0 |
| Gross Revenues | $64,724 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $-100,000,000 | Number of FT Employees | Register Free to View |
Financing
$0 Down
Business Description
This east of the river, well established self-service Laundromat is ready for the buyer who wants to make money and work 10 hours per week. Present owner goes in twice per day and closes the store at night. Present owner has owned the business since 1989 and now wishes to retire. 3 years left on existing lease in strip mall next to Chinese Restaurant. Total of 16 Washing Machines. 14 are front loading Maytag Digital Machines and are 5 years old. In addition there are two top load machines. 23 total dryers. 13 Single Pocket, 1 double pocket, 1 extractor and 4 small dryers, 2 change machines, 1 soda machine and 1 soap dispenser. Repair book on all machines on premises. Lots of potential if Wash, Dry, and Fold were added, new carpet, television and paint. Great opportunity for the right buyer. Sales in 2003 were about $55,000.00
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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