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Business For Sale

Coin Laundry and Gourmet Cafe Setup

Seattle, WA

Services: Dry Cleaning & Laundry

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$40,000
$112,715
$1
$20,000
$1
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$15,000
Not Disclosed
1976
2
374811154
Owner Financing is Available!
50% down, 18 month note at 6% interest.

Business Overview:

Great easy to run and established turnkey business. High traffic area in Seattle so lots customers. Has plenty of washers and dryers ask to see the photos. Has cafe with kitchen and an office so lots more potential for a buyer who likes interaction with people and looking for an opportunity to showcase some if their creative cooking skills. This is can be a very solid fun type business that is not labor intensive at all. This business also lends itself extremely well to absentee ownership. As this is an easy business to train to employees. Has room and equipment to expand on cafe menu items. Other way to expand is to build a website and increase cafe menu to serve beer and wine. As many of current customers come in the evening drop off their clothes and go to one of the nearby lounges for a drink or two while their clothes are being washed. Not much competition nearby but location is in a heavily populated area. Plenty of apartments all around, also has reserved parking spaces for customers Lease is low. Floor plan is bright, open and easy to monitor. Seller is motivated and willing to train buyer in all aspects of business even how to perform minor repairs on machines if need be. Some seller financing available for the right buyer. Much more than just a coin laundry.

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:

Clean, bright, open floor plan. Easy to monitor, 2,000 square feet. Has Cafe with kitchen. Nice cafe set up with equipment, capable of producing gourmet type sandwiches and snacks. plenty of seating. Has office as well. Ask to see photos. Has room to expand upon current services and cafe menu items served. An owner operator in place on a day to day basis would also increase profits by cutting down on the labor costs and making sure all customers are taken care of.

Market Competition and Expansion:

Established, but with an owner operator in place profits would see a significant increase by reducing labor costs. Currently being run as an absentee owner. Cafe has so much more potential that is currently not being tapped into. Has full kitchen and cafe so a creative cook could also produce significant increase in profits. Many customers drop off laundry and go to one of the nearby lounges for a few drinks. So if this laundry mat would put beer / wine on menu this too would add to profits. High traffic area, lots of apartments all around. Very populated area. Established turnkey business, not much competition near by. Great potential with his cafe. Addition of beer or wine and more creative on the menu would see a sizable increase in cash flow.

Reason for Selling:

Seller pursuing other business interest

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.