Owner Financing is Available
Business for Sale Overview:
Excellent 24 hour location in a free standing building - plenty of parking and great demographics here. 33 big washers, 38 30-lb stack dryers - all Huebsch equipment. Absentee owner will net $114K per year before debt service. Price is $345K with $145K down - Buyer may asume existing $127K equipment notes (buyer must be approved by lender and give +/- 25% note paydown) and Seller will finance balance. See photos at www.coinlaundrysales.com
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:
Free standing location, +/- 2,500 square feet. Rent is $4,423 per month. Lease runs to June 2017, then one five-year option to 2022. Annual CPI increase with 5% cap. Lease allows unattended and 24 hour operation.
Reason for Selling:
Busy with other business venture
Additional Details:
- The property is leased.
- 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.