Business for Sale Overview:
Outstanding laundry with excellent location, lease, equipment and sales. 100% Speed Queen machines incl 38 big washers. Open and attended 24 hours a day. Owner nets $141,000 per year before debt service. Price is $550,000 Cash - seller will pay off existing $465K SBA note from closing proceeds and transfer assets free and clear. See photos at www.coinlaundrysales.com
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Clean and sharp 3,475 square feet location in a busy plaza with Sedano's anchor. Excellent lease is $7,415/mo. Annual 3% base rent increases plus CAM adjustment with 5% cap. Lease options run to Jan 2023.
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.