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Business For Sale
NEIGHBORHOOD COIN OPERATED LAUNDROMAT
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Asking Price: |
$275,000
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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1980 |
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# of Employees:
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5 |
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Yearly Revenues:
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$200,000. |
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Yearly Net Profit:
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$66,100. |
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Yearly Gross Income:
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$200,000 |
Business for Sale Overview:
This coin operated Laundromat has been in operation over twenty years! Offering self and full service, this business comes with established clientele for full-service customers that includes local fire and police officers and military personnel.
With 2200 square feet, the customers are at leisure to do their laundry. Attractive lease options at a low rate are available. This business sale includes 9 double dryers, 11 single dryers, 6 top load washers, 11 Wasomat washers, 1 80lb washer, 1 water extractor, 1 current chip coin changer, and various vending machines.
The friendly, long term employees of this business are aware of the sale and wish to remain. Their loyal service has been what brings customers back again and again! Twice weekly janitorial keeps the environment nice and clean.
With a pleasing net profit, this is an excellent opportunity at an excellent price! Owner says growth could include, “More machines could be added; Commercial Account could be established.”
*Owner financing available*
To find out more about this business, please contact Terra Kinder (843)284-1007.
Property Features and Assets:
2,200 Square Feet @ $1,525 per month;
9 double dryers, 11 single dryers, 6 top loads, 11 Wasoman washers, 1 80lb washer, 1 extractor, change machine, various vending machines.
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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