Services - Drycleaning/Laundry

Asking Price	$1,100,000	Inventory	$3,000*
Gross Income	$291,043	Real Estate
Cash Flow	$74,500	Year Established	2005
FF&E	$990,000*	Employees	8

* included in the asking price

** not included in the asking price

An excellent business opportunity in the coin-laundry business. gallup, n.m. is one of the strongest coin-laundry markets in new mexico. this is a milnor designed location with 54 milnor dryers and 54 milnor washers plus 1 op washers and 1 op dryer plus a complete pressing system. you must see how this business was designed and laid-out with approximately $400,000 in tenant improvements. this business has a great upside and has had continueal growth plus room for additional machines and services. contact dan frady 505-862-1852 for an appointment. (qualified buyers only)

Facilities: Located in zecca plaza, other anchors are albertsons, walgreens (new) , radio shack etc. next door to a new goodwill store. approximately 7,530 sf lease. "great location"

Competition: New (fall 2005) 110 machines (54 washers, 54 dryers) Milnor designed w/machines and seperate washing and pressing services. newest coin-laundry in the area.

Growth/Expansion: Business has had continued growth and potntial for continued growth. additional room for more machines plus dry cleaning, etc.

Financing: $300,000 cash, $566,000 assume, $234,000 seller financing w/qualified buyer

Support/Training: Seller will provide ninty (90) days of training

Reason Selling: Sellers Retiring And Relocating