| Asking Price |
$249,000 | Inventory |
$500** |
|---|---|---|---|
| Gross Income |
$200,000 | Real Estate |
|
| Cash Flow |
$80,000 | Year Established | 2005 |
| FF&E |
$275,000* | Employees | 3 |
* included in the asking price
** not included in the asking price
EQUIPMENT LIST"4 wASCOMAT 55# WASHERS, 8 wASCOMAT 40# WASHERS,8 wASCOMAT 30# WASHERS,4 WASCOMAT 20# WASHERS, 12 DOUBLE STACK 30# DRYERS,ESD DELUXE VTM MODEL CARD SYSTEM, (NO CASH SYSTEM)7 SOLOMATIC FIBERGLASS FOLDING TABLES,VENDRITE 12 COLUMN DISPENSER, HAMILTON EVO HIGH EFFICENCY HOT WATER SYSTEM, 10 LSUNDRY CARTS,DIGITL SCALE, ETC. ESTIMATED GROSS SALES $200,000 ESTIMATED OPERATING EXPENSES: ELECTRIC,GAS, WATER & SEWER, $75,000 RENT INCLUDES CAM AN TAXES $42,000 INSURANCE $2000, PHONE $1200 SUPPLIES $2400 THE CASH FLOW RELECTS THE OWNER OPERATING THE STORE HOURS.
Facilities: This location of the store is in a high traffic location. The building in which the laundromat is in was built 4 years ago and the laundromat before was in the old building. The new laundromat was built the same time the new building was built. This is a 2000 sf laundromat with central air conditioning The owner recently purchase the adjacent property giving the laundromat many parking spaces than they did before.
Competition: There is no real competition except for the new laundromat open further down the street. The parking is not that great as this laundromat
Growth/Expansion: There is plenty potenial to expand by going out and getting new accounts in wash, dry , and fold business.
Financing: none
Support/Training: The owner will have a designated employee to train
Reason Selling: The owner wants to free up some of his investment

Ming Dong
7812975679/cell5089622589
Lee Brokers
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