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Business For Sale
LAUNDROMAT
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Asking Price: |
$125,000
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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other business interest |
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Year Established:
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1987 |
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# of Employees:
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1 |
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Yearly Revenues:
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$83,000 |
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Yearly Cash Flow:
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$40,000 |
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Yearly Net Profit:
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$40,000 |
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Yearly Gross Income:
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$83,000 |
Business for Sale Overview:
Attractive, well maintained and steady business with regular customers in blue collar neighborhood. Presently operating absentee; $10,000 of payroll added back for owner-operated; equipment in good condition with recent renovation/upgrading. 18 washers and 14 dryers.
Property Features and Assets:
1,200 square feet, street parking, renovated equipment. Remodeled interior. 18 washers and 14 dryers.
Market Competition and Expansion:
Competition: Steady business; 21 year history, regular customers, blue collar neighborhood, well maintained.
Growth and Expansion: moderate vending; wash and fold.
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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