Business Overview:
Looking for a recession-proof business? Look no further. This brand new mega Laundromat is ideally located in a densely populated urban area, is surrounded by multi-story apartment buildings, and is already killing the competition! This 5,000 square feet, eye-catching storefront is a state-of-the-art laundry facility complete with 124 machines (60 washers, 64 dryers), fully computerized ESD card system, Plasma TV's, ATM, multiple product vending machines (soap, beverages, snacks), central heating & cooling. Sweetheart lease terms including 20 year term plus 10 year option. Real estate is also available on this 2-story building (upper floor 2,000 square feet office at $4,000 per month rental). Annual Net income projected at $410,000 based on present weekly sales with potential increase in gross revenues of up to 40% based on neighborhood demographics and strategic location.
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:
personal
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.