Business for Sale Overview:
High volume coin-operated laundromat, generating a cash flow around $95,000 annually for the seller who has owned this business for seven years. This is an excellent location for a coin-op laundromat as this area is conducive for partons using coin-operated machines for washing and drying their clothes as there are a number of apartment complexes as well as residential homes absent of washers and dryers, surrounding this business. This is a free standing brick building which was built about ten years ago specifically for a laundromat. The present owner states that he spends between four to six hours per week at this location as he pays an independent contractor to run the day to day operation, giving that person the opportunity to sell detergents, snacks, and fluffing and folding, allowing her to hire extra help from what she brings in from selling condiments. According to owner, this business is profitable, grossing around $16,000 per month. Owner states he is selling because his wife who is employed by a major Airline is relocating to east Tennessee to keep her job.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Relocation
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.