Business Broker.Net | Connecting Business Buyers and Sellers

Business for Sale Overview:

Upscale money maker is loaded with upgrades and extras. Excellent location and top machines. Price is $680,000 cash. Lender will finance sale for qualified buyer with +/- 35% down (est $245K). Gross sales are $456,077. Total sales include self service business, drop off wash and fold and drop off dry cleaning (50/50 split with dry cleaner), retail and machine vending, commercial accounts, plus in-store alterations and rent from an attached cafeteria. P/T driver handles the accounts and four employees run the store. After-labor net is $148,633/yr before debt service. Don't miss this outstanding business. Photos at www.coinlaundrysales.com

Property Features and Assets:

Beautiful 4,000 ft free standing building with self contained parking lot in back. Great laundry demographics here. Outstanding lease -- rent is only $4,815 per month. Lease runs to March 2010 with same rent, then one five-year option with one 10% increase. Then two more five-year options with one 15% increase each. Photos at www.coinlaundrysales.com

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.