Services - Drycleaning/Laundry

Asking Price	$75,000	Inventory
Gross Income	$10,000	Real Estate	$215,000**
Cash Flow	Not Disclosed	Year Established	1998
FF&E	$30,000*	Employees	1

* included in the asking price

** not included in the asking price

An established Laundromat, uncommonly attractive and well laid out. Nice neighborhood location. Equipment near new and in excellent condition. 12 double load washers and 12 double load dryers. Business open only 5 days. Significant growth is possible. Facility has top quality energy saving systems and security systems. All vending machines - soap, change, beverages, snacks, owned and included in sale. Very nice and spacious office. A buyer could use this office to operate another business. There is also space to add another business in the facility or add another apartment. Real Estate contains 3 apartments and a Garage, all rented. The garage has utilities and is heated. Current rental income is $18,600 per year, which is sufficient to cover a Buyer s mortgage. A very strong and steady passive income. The business will have NO space rent costs.

Facilities: Uncommonly attractive laundromat, with 12 double load washers and 12 double load dryers. Only a few years old, in excellent condition

Competition: No nearby competition

Growth/Expansion: Only open 5 days a week and short hours. Hours should be increased and days added.

Support/Training: Owner will orient buyer in the full operation of the business for a negotiated period of time.

Reason Selling: Owner is retiring