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Business for Sale Summary

Profitable state of the art Laundromat - 25324

Business Type: laundromats
Sold
Profitable state of the art Laundromat
On , The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
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.

Financial Information (non-confidential)

General Information
Asking Price $499,000 Down Payment $499,000
Gross Revenues $375,000 Lease Remaining Register Free to View
Owner’s Cash Flow $111,825 Number of FT Employees Register Free to View

Financing

$499,000 Down and Cash

Business Description

Exceptional state of the art electronic laundromat with ideal demographics located in a high traffic shopping plaza in a busy section of North Shore, MA community. Only 5 years old in an excellent retail plaza with plenty of parking. The very best commercial grade Wascomat washers and thirty pound Huebsch stack dryers will provide years of reliable service. Extra folding areas, cable TV, vending machines, music and games ensure customers and their families are comfortable while doing their laundry. About 25% of revenue is Wash/dry/fold. Open Seven days a week 18 hours/day. Location always attended. Delivery can be added to boost revenue and cash flow.

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.