Owner Financing is Available!
Business Overview:
Laundromat with two income producing rental apartments and parking. Included are 8 Maytag washers, 9 dryers, soap dispenser, change machine, soda machine, TV, DVD, VCR, security cameras, electronic door timers, and two, two bedroom rental apartments with a two car garage, and two dedicated parking spaces outside.
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:
Roofs are less than 10 years old and Real Estate taxes are $3,418 yearly.
Market Competition and Expansion:
fair Market Value of real estate alone is $136,900 and other equipment inside brings it to a total value of $142,900. The rental apartments bring in month to month rents of between $550 and $645, the upper apartment brings in higher rent. Both apartments have parking for two cars. Laundromat brings in an average of $1,260 per month. This property pays for itself and produces extra cash on top of expenses.
Additional Details:
- The property is owned.
- 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.