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Business For Sale
LAUNDROMAT
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Asking Price: |
$100,000
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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Retirement. |
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Year Established:
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N/A |
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# of Employees:
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3 |
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Yearly Revenues:
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$132,000 |
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Yearly Cash Flow:
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$35,000 |
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Yearly EBITDA:
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$35,000 |
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Yearly Gross Income:
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$132,000 |
Business for Sale Overview:
Busy laundromat in excellent location close to a large university. This laundromat has a great self-service trade as well as a substantial drop off business. The current owner does not do any marketing or promotion. This business could grow by improving the marketing and promotion; a great opportunity for a new owner. The laundromat is open seven days a week 8:00AM to 9:00PM. The laundromat and all the equipment is well maintained.
Property Features and Assets:
This is a fully equiped laundromat. There are 39 washers and 18 dryers plus all the other equipment. The laundromat is located in a busy shopping plaza adjacent to the university.
Market Competition and Expansion:
This laundromat has a great location and the competition is limited in the vicinity of this facility. The business could be expanded by increasing the hours and improving the marketing.
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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