Owner Financing is Available!
Business Overview:
This coin laundromat / dry cleaner is the only one in town. It has been in business for 38 years with the same owner for the past 28 years. The sales and profits have been very consistent over the years. For the last Three Years Sales were $164,727 in 2011, $163,292 in 2010 and $171,861 in 2009. As an Owner Operator the Profit (Cash Flow) was $62,915 in 2011, $54,235 in 2010 and $57,298 in 2009. The present owner runs the operation 100% absentee. Well maintained equipment consisting of 26 Top Load 12lb Washers, 13 Front Load 18lb Washers, 5 Front Load 25lb Washers, 1 Front Load 35lb Washer, 1 Front Load 40lb Washer. 23 Front Load 30lb Dryers. Additional Dry Cleaning equipment. Wash and fold service is available. Pure Cash Business very easy to run either as an owner operator or absentee.
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:
The laundromat /dry cleaners is located in a strip center that is anchored by family dollar. The center is on a main road within the town. It is the only laundromat / dry cleaners in town. The space is 4,000 square feet bright and clean.
Market Competition and Expansion:
No competition !!! This is the only coin laundry and dry cleaner in town.
Reason for Selling:
Owner retiring after 28 years.
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.
Resources: