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Business For Sale
LAUNDROMAT - ABSENTEE OWNER
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Asking Price: |
$210,000
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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personal |
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Year Established:
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1965 |
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# of Employees:
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3 |
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Yearly Revenues:
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$168,400 |
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Yearly Cash Flow:
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$64,792 |
Business for Sale Overview:
Long established Laundry in outstanding location. Absentee owner. Free parking. 22 Dryers, 18 Washers of different capacity. 15 additional Washers are included in the deal. Very attractive long term lease.
Property Features and Assets:
This business offers a strong Wash, Dry & Fold service repeated customers plus 3 large commercial accounts as well as DC Drop Off. This location has no competition!! Equipment age is between 3 and 13 years.
Market Competition and Expansion:
New owner can target more commercial accounts, there is virtually endless grow in this field. There is also a construction of new condos next door.
Additional Details:
- The property is leased.
- The owner may be 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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