Services - Drycleaning/Laundry | Retail - Vending Machines

Asking Price	$130,000	Inventory	$1000*
Gross Income	$85,300	Real Estate
Cash Flow	$1	Year Established	1960
FF&E	$35,000*	Employees	3

* included in the asking price

** not included in the asking price

The business is located in a small shopping center near a major university. It is believed to have been opened in 1960s. It hse 20 washers 18 of which are manufactured by Huebsch with the other two by Wascomat with capacities of 45 bs to 15 lbs. The 16 dryers, also manufactured by Huebsch, have capacities of 35 lbs and 25 lbs. The water is included in the rent. Finally, the buyer could get cmmercial accounts.

Facilities: Seller leases approximately 1,300 sf for $3,372 which expires in June of 2010 and there is one option to renew for a period of 5 years. Facilities and equipment are in good condition.

Competition: No competion in the immediate area.

Growth/Expansion: Promotions, more local advertising.

Financing: None

Support/Training: Two weeks on sitte and 2 weeks on call.

Reason Selling: Devote more time to his other business