Owner Financing is Available
Business for Sale Overview:
Run absentee. Assumable third party financing available with 50% down payment. Card system Laundromat/cleaner (no cash) 56 washers, 72 dryers, all speed queen 4 years old. Has children's playroom and video machines and TV's galore. New boiler and bill changes station; plenty of other Laundromat equipment. Can assign note on equipment for over $300k - owner willing to take less. 22 - 20 lb. washers, 18 - 40 lb. 14 - 60lb. 2 - 80lb. - 36DBL (72) stack dryers 30lb. Digital scale 22 laundry cart 16 folding equipment 115 card readers Fios System soap dispensers less than 10% wash/fold and cleaning service. 8 wall mounted TV's - huge interior. Absentee run automated door opens and closes state of art equipment well laid out rent and payroll reduced in 2009.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Mall location with over 100 car parking. Almost new equipment, 56 washers, 72 dryers – All types of Laundromat, related equipment. 14 ½ year lease.
Market Competition and Expansion:
Competition: 1 mile away closest competition
Expansion: Going after more wash/fold business and increasing dry cleaners service. No active person within confine to push services that can be offered.
Reason for Selling:
Owner has invested in another type of service busi
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.