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Asking Price:	$90,000 USD USA Dollars
Business for Sale Industry:	Services: Dry Cleaning & Laundry
Reason for Selling:	Family health issues and other business interests.
Year Established:	1995
Yearly Revenues:	$70,635
Yearly EBITDA:	$21 million

Business for Sale Overview:

Seller's have priced this business at the Rock Bottom Price of Only $905,000. This is a nice laundry to start with for an owner/operator. Seller currently runs the business semi-absentee with an independent contractor who helps open, cleans and closes the business when the owner cannot. This laundry as been established in this neighborhood for 13 plus years.

Property Features and Assets:

Lease expires at the end of the year. New owner will need to make their offer contingent upon a new lease. Game machines and gumball machine are not owned by Seller and are on a 50/50 split.

Market Competition and Expansion:

There is a competitor down the street but the seller states that there is enough busy for both businesses. Growth Potential & Expansion - New owner could advertise the business with fliers to the area homes and do some specials. Bundle service could also be offered for area residents or could extend the hours to 6 am to 11 pm. Also could offer WiFi for customers.

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.