| Asking Price |
$150,000 | Inventory |
Sold Outside of Escrow** |
|---|---|---|---|
| Gross Income |
$105,400 | Real Estate |
|
| Cash Flow |
$49,950 | Year Established | 1978 |
| FF&E |
N/A | Employees | N/A |
* included in the asking price
** not included in the asking price
This Successful Coin Op Laundry Has An Excellent Location With Great Parking. The Landlord is Planning a Major Cosmetic Renovation to the Shopping Center and has a New Major Tenant Slated to Move Into The Center. The Landlord Will Require the Buyer to do At Least a Cosmetic Renovation of the Interior of the Laundry as a Condition of Assuming and Extending the Lease. This Is A Very 'Recession Resistant' Type Of Business. Most Of The Commercial Washers Have Been Recently Replaced. The Seller is Seller Due to Health Issues. CONTACT: George Morgan, Agent, Dre#01001752. Broker: Best Laundry Brokers Dre #01848441. Our Website Is: www.bestlaundrybrokers.com.
Facilities: The Laundry is Over 2000 Sq Ft and Has Lots of Newer Equipment: It has 43 Washers and 26 Dryers. Parking is Excellent. The Business was Built Around 1978.
Competition: This Self Service Coin Laundry Has Excellent Demographics in the Area. There is Only One Other Older Coin Laundry Nearby.
Growth/Expansion: There Is Excellent Potential To Grow This Business With A Major Cosmetic Renovation (The Laundry Was Built Around 1978 And Has The Original 'decor'.) And Possibly Some New Equipment Along With An Effective Promotion.
Support/Training: The Seller Will Provide Training to the Buyer to Familiarize the Buyer with the Business and to Provide Equipment Repair Training to the Extent of Seller's Knowledge and Experience.
Reason Selling: Health is the Only Reason the Seller is Selling.

George Morgan
530-559-5959
Best Laundry Brokers
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