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Asking Price:	$215,000 USD USA Dollars
Business for Sale Industry:	Services: Dry Cleaning & Laundry
Reason for Selling:	Other Businesses
Year Established:	8
# of Employees:	1 full time
Yearly Cash Flow:	$67,284
Yearly Gross Income:	$137,800

Business for Sale Overview:

Almost Brand New Laundromat (3 years old equipment) located inside of a just renovated building. Current owner took everything out and replace it with new equipment so as the electric and plumbing. Runs totally as an absentee owner does good volume. This location has a potential to increase sales if other services such as washing and folding are provided. Adding vending machines & soap dispensers could add more revenues to the business. Most of the machines still carry warranty. You can only do more since it is located in the middle of a huge residential population; most of them are apartment buildings. Excellent lease with very low rent.

Property Features and Assets:

Fully equipped with almost brand new equipment, some of the machines still have manufactory warrantee ,about 1,500 s/f with excellent 20 years leas and very good rent.

Market Competition and Expansion:

Normal Competition. A new owner can do much more bringing vending machines, soap dispensers, wash & fold service.

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.