Owner Financing is Available!
Business Overview:
This is a fantastic opportunity to own your own coin laundry and dry cleaning business. The business has been a steady even in this tough economy. No matter what the economists say about the economy or a recession, people still want clean clothes!!! The Company offers washers of different sizes and has a nice mix of each. They offer dry cleaning drop off and wash-dry-and-fold. The equipment is in great shape, the store is clean and well lit. There is fantastic opportunity to expand the hours on the weekends. It is a long established business and has a solid “neighborhood” customer base.
The business may be withdrawn from sale without notice.
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:
It is a very nice mall in a great area. It is approximately 1,800+/- square feet. There is abundant parking on site. Monthly rent is approximately $3,500, NNN.
Market Competition and Expansion:
No matter the economic environment, people still need clean clothes. With the state of the economy and the difficult credit environment, new coin laundries may have a difficult time getting financed and being built. This makes it a great time to buy an existing coin laundry business. Also, with the stock market being down, more buyers are interested in buying a cash flow business. With this business in particular, there are additional services that can be expanded with the new owner’s energy and creativity. There is minimal competition in the area.
Reason for Selling:
The seller is relocating.
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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