Owner Financing is Available!
Business Overview:
Same owner since 2001. Very well kept and well-established laundry with a good customer base and good equipment. Sales are mainly coin plus some light wash and fold and minor vending. Price is $95,000 with $45,000 down and seller financing for balance. Hands-on owner should net $52K/yr before debt service. Seller works far from the business and has 3 employees to run the store. See additional photos at www.coinlaundrysales.com
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.
Property Features and Assets:
1,920 square feet in a busy strip center. Plenty of parking. Rent is $3,233 per month. Lease runs to September 2011 with annual 5% increase. Then one five-year option with same terms. $2,200 security deposit.
Reason for Selling:
Owner lives and works far from this store
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.