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Business For Sale
COIN LAUNDROMAT - BUSY AREA, GREAT EQUIPMENT
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Asking Price: |
$168,000
USD USA Dollars
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Business for Sale Industry: |
Services: Dry Cleaning & Laundry
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# of Employees:
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One |
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Yearly Revenues:
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$135,383 |
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Total Debt:
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$$57K assumable |
Business for Sale Overview:
Beautiful store with great machines including 27 big washers, 24 stack 30-lb dryers. Located on a busy road with great coin-op demographics. Excellent potential for higher sales here especially with better marketing. One part time employee works 26 hours per week and owners work remaining hours. Buyer can put $83K down and assume existing $57K note. See photos at www.coinlaundrysales.com
Property Features and Assets:
Nice store with excellent lease. Rent is $3,085 per month. Lease runs to May 2012, then one 10-year option. Small annual increases average 1.02%. $4,285 security deposit.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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