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Business For Sale
MANHATTAN ‘MAT MAKES MOVE
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Asking Price: |
$220,000
USD USA Dollars
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Business for Sale Industry: |
Services: Dry Cleaning & Laundry
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Reason for Selling:
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Retirement. |
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Year Established:
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1967 |
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# of Employees:
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3 |
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Yearly Revenues:
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$273,480 |
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Yearly Cash Flow:
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$85,000 |
Business for Sale Overview:
This business thrives on pick ups and deliveries from residential accounts in the neighborhood. The service this industry provides is one of convenience. The business satisfies this need by providing a pick up and delivery service to residential customers. There is a competitive presence in the area with eight (8) other existing self service laundry locations within six-tenths of a mile from this business. There is enough room to succeed in the marketplace despite the competition.
Property Features and Assets:
1500 sq. ft. plus basement and a new boiler. Folding tables near the entrance on the left followed by the dryers heading to the back of the Laundromat. The washers are on the right starting at the entrance going to the rear. The cash register is in the back. There are 22 washers (Lundercenter) and 16 dryers (American). The new boiler is less then one year old.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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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