Services - Drycleaning/Laundry

Asking Price	$725,000	Inventory	$500**
Gross Income	$270,000	Real Estate	$500,000**
Cash Flow	$100,000	Year Established	N/A
FF&E	$200,000*	Employees	3

* included in the asking price

** not included in the asking price

Equipment: Cummins Jet Scan money counter, Office computer system, 16 stack dryers (32 pockets), 2 large dry units, 10 top load washers 12#, 10 18 # front loaders, 12 30# front load washer, 3 40# front load machines, 2 80# front load machine,1 snack vending machine, 1 soda vending machine, soap dispenser, 2 Card ESD Money Card machines, 1 Sports Zone Super Ball machine, 1 8 selection gum ball machine, 1 3 stack hot water heaters, 1 main computer with printer at front desk, assorted folding tables, and laundry baskets, scale. Estimated gross sales: $270,000/year Estimated operating expenses: Rent mortgage payment R.E taxes 8,400 Payroll 80,000 Insurance 4,500 Electric 17,000 Gas 40,000 Sewer 14,800 Supplies 12,000 Repairs 9,600 Rubbish 2,400 Water (Well) depending on how busy the store is The wages can be reduce if this is a family operation THIS LAUNDROMAT HAS WELL WATER Note: All sales information is furnished by the seller, broker does not certify, warrant, guarantee or make any representations about the same and subject to errors, omission, prior sale, or withdraw from market without notice. The Broker represents the seller in this transaction. THIS IS FOR SALES PURPOSE ONLY.

Facilities: The business is 5 years old. The present owner has owned the store for 3 years. Hours: 6 -10pm for 7 days, Wash & Dry and Fold service -$.80/lb. Size: 3,000 s.f., a free standing building with parking along the sides of the building plus extra lot for parking across from the laundromat. The parking lot is fenced in the store. It has own well which will reflect the water and sewer charges.

Competition: The north shore community has many laundromats in the area.

Financing: none

Support/Training: Wil train new buyer

Reason Selling: The owner is purchase ing another business and distance to far.