Owner Financing is Available
Business for Sale Overview:
This is the laundromat you have been looking for! Located near apartment buildings and on a main road, this laundromat is a money maker! Monthly Payroll: 3000. Lease: 3360 + 460 CAM with 9 year lease. Utilities: Water is 5000/month, Gas is 4000/month, Electric is 1000/month, Other: 1000/month. Building Size: 3200 sq ft. 2 Employees. Store Hours: 7 to 10:30 7 days Average Sales: Machine sales: $23,500/month. Wash dry and fold service $4000/month. Soap and inventory $4000/month. Phone Cards Gross $8,000/month at 17% profit. Size of Building- 1,600 sq feet upstairs/1,600 sq feet storage downstairs Water Heater is only 3 years old! 1 Wall Mounted Change Machine w/ 2 bill changers Washers both Speed Queen and Wascomat/ Washers & Dryers all excellent condition, average age is 5 years old.
26 dryers. 16 of them are 7 years old Speed Queens. The remaining 10 dryers are 5 years old. They are also Speed Queens.
7, 20 lbs. Speed Queen Washers are 5 years old. 3 Speed Queen washers are 30 lbs. and they were purchased 3 years ago. 6, 30 lbs. washers are Washcomats, 10 years old. 2, 40 lbs Speed Queen washers are 3 years old. Water heater is only 2 years old. Water tank is 3 months old. Expansion tank was newly installed in 2008.
Six brand new washers (valued at about $35,000) will be installed (no charge to buyer) in Dec, 2009.
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.
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.