Very Busy Laundromat - 14740 Business Type: laundromats
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $75,000 | Down Payment | $0 |
| Gross Revenues | $86,400 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $49,477 | Number of FT Employees | Register Free to View |
Financing
$0 Down
Business Description
Abesentee owner, price marked down 26k! Very Busy 1200 square foot laundromat with in the middle of residential area. All machines are in very good condition. This business has a 5 years lease plus 5 years option. The property has a finished basement that can be used as an office. It also has a separate and very busy sales area with loyal clientele for years. Parking on premises is available and also on the street. It has been established for 10 years with minimal competition and loyal clientele. It has a finished basement with full shower and kitchenette for a worker to live in. Current owner has a full time job that requires him to relocate. Willing to finance for the right buyer. Business website included in sale: currently building pickup / delivery service. Currently run absentee, a more hands on manager will yield much higher profits. Continental Girbau machines: 1,200 s/ft space available, the equipment includes: 2 machines are 50 LB, 4 Machines are 35 LB, 8 Machines are 20 LB, 18 Dryers are 30 LB, 3 Vending machines, 1 soap Dispenser and 1 change machine.
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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