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Business For Sale

Coin Operated Laundromat - Reduced Price

New Castle County, DE, USA

Services: Dry Cleaning & Laundry

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$135,000
$109,254
$35,714
$35,714
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1975
3
3522060
Owner Financing is Available
Owner is willing to hold some financing for a qualified buyer.

Business for Sale Overview:

This business is well established and priced to sell. It's located in a busy strip shopping center and very visible to 68,115 daily vehicles. Equipment in the store: 20 Maytag washers of which 11 were added in 2006, 4 triple load Milnars, 22 Maytag and American Dryers (7 stacked – 1 added in 2008). A new Natco fire coil hot water system installed in 2007. Wired Comcast cable TV with 2008 VCR/DVD. One standard change machine for $1, $5, $10 & $20, a second machine is used for back up.

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.

Market Competition and Expansion:

No immediate competition in the area, what you see is what you get. To increase business, new owner can open longer hours and advertise with all the motels and industrial facilities surrounding the business. In a matter of fact, current owner just landed an account with Delaware City refinery of which the new buyer will reap the benefits of that. Also, an old competitor recently closed down and this business just picked up the business.

Reason for Selling:

Retirement

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.
 

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