Laundromat - 1620 Business Type: misc. retail/non-classifiable
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $195,000 | Down Payment | $100,000 |
| Gross Revenues | $185,943 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $76,745 | Number of FT Employees | Register Free to View |
Financing
$100,000 Down and 95,000 @ 5% over 60 months
Business Description
Well established Coin Operated Laundry with same owner for 14 years. Large Wash, Dry and Fold business. Many new machines with a total of 48 machines all in good working order and up to date with maintenance and repairs. Great lease with 2 years remaining and 5 year option. Business on major roadway with plenty of off street parking. Safe area for night traffic. Owner has been working most of the hours himself since some of his family moved away and it has been become too difficult. Strong financing terms to qualified buyer. This is a turn key business for the right person.
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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