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Business For Sale

Absentee Owned Laundromat 20530

Providence County, RI

Services: Dry Cleaning & Laundry

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$55,000
$104,000
Not Disclosed
$27,056
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1986
1
67424447

Business Overview:

Absentee Laundromat, that has been established for over 25 years. Extremely well known for its consistent reputation of being a quality facility, from every aspect. It is currently absentee run, and the financial information reflects this. There is considerable room for growth, with the right individual, to expand the wash, dry and fold, as well as the dry cleaning end of this business. There are many businesses in the area, that could benefit from a pick up and drop off service. The landlord will allow a small portion of the unused space in the facility to be converted to a convenience-store. (Tobacco and lottery could mean an exponential increase in the bottom line). There is a 5 lease with multiple renewals that is assumable. This is a great deal in any economy.

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:

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.

Resources: