| Asking Price |
$775,000 | Inventory |
$1,500** |
|---|---|---|---|
| Gross Income |
$200,000 | Real Estate |
$395,000* |
| Cash Flow |
$115,000 | Year Established | 1989 |
| FF&E |
$150,000* | Employees | 0 |
* included in the asking price
** not included in the asking price
This is a one of a kind opportunity to buy a business that can either be hands on or somewhat absentee. Customers put $$$ in the machines and you collect. A true cash business.
Facilities: High quality commercial washer and dryers, Dexter, Bill changers snack and drink machines, appx2,200 Sq. Ft., building, parking is ample and property has additional area to build another commercial structure
Competition: Only laundromat in this municipality, Heavy Impact Fees imposed by CPW makes new competition virtually impossible. Real Property is on a busy soon to be 4 lane highway, with appreciation a certainty. One of the few Laundromats that is not on a Lease. Control your own destiny, You are the landlord, Pay yourself rent, Build Wealth
Growth/Expansion: 80% of revenue is walk-in self serve 20% is pick-up drop-off commercial accounts. Additional space on the property could add improvements to host other business entity
Financing: Seller may consider some owner financing for well qualified buyer
Support/Training: Seller will provide training and transition for buyer
Reason Selling: Seller wishes to relocate

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