| Asking Price |
$850,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$200,000 | Real Estate |
460,000* |
| Cash Flow |
$80,000 | Year Established | 1970 |
| FF&E |
$185,000* | Employees | 6 pt |
* included in the asking price
** not included in the asking price
This long established, profitable coin laundry can be yours today! Turn-key operation. Owners health issue, forces sale. No competition! Steady income. Room for growth with the addition of a few related services could have a dramatic effect on future profits. Won't last!! PRICE INCLUDES THE REAL ESTATE... Call 937-360-3650
Facilities: This coin operated laundry is on busy street in Findlay, 1/4 mile off of I-75. The building is attractive and ample with 3200 sq.ft. There are 36 washers and 37 dryers, parking for 30 cars. Equipped with new "efficient" hot water system & a 10 ton air conditioning system. Fully furnished office with dollar bill & change counters.Lavatory and janitor/maintenance room for supplies. There is a change machine, soft drink and snack machines for customer's use, as well as a microwave, & refrigerator in the furnished waiting area.
Competition: There is no competition in the area. Great location on busy high traffic street. Owner will lease building for $2800/mo with an extended term lease.
Growth/Expansion: Growth has been steady. Price of wash & dry are below current market. Increasing cost would increase business by 25% +. The addition of dry cleaning services could be added.
Support/Training: Sellerwill provide 2 months of training. Owners son does repair & maintenance & will continue to work for new buyer, if so desired.
Reason Selling: Health issues

Tom Holmes
937-360-3650
Lazarus Financial Group
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