Business Overview:
A MUST SEE! Established Laundromat run absentee with huge upside potential, within walking distance of tons of apartments. Large parking lot with direct access to Laundromat. Ideal demographic, 85% Hispanic. Full basement, full mezzanine office. Fully staffed with experienced manager. 20 year lease with 5% increase every 5 years, fully assignable with right of first refusal on sale of building. Equipment is 7years old in immovable condition, maintained by owner. Numbers are 100% provable and financing is available. 46 Huebsch washer plus 56 Huebsch dryers.
Ideal demographic – 85% Hispanic
2 entrances
Full basement
Full mezzanine office
Huge parking lot
20 year lease with 5% increase every 5 years
Fully assignable lease
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:
4,400 square feet/ office 500 square feet; parking in back. Immaculate condition. Lease 20 years.
Reason for Selling:
owner has other business interest
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: