Business Overview:
100% absentee owned Laundromat for sale. Perfect for the absentee owner/investor interested in receiving steady income with very little effort. All equipment in perfect mechanical and working order.
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:
1,000 Square Foot. Lease expires in 2019 with a 10 year renewal option. (8) Maytag Top Load Washers, (1) 50# Front Load, (3) 35# Washers, (10) 25# Washers, (6) Stack Double Dryers, (6) Single Dryers, (2) Change Machines, (1) Vending Machine, and Assorted Fixtures, Racks, Tables, etc
Market Competition and Expansion:
Owner currently does nothing to promote new business. No advertising, no coupons, etc. Adding a drop service could easily increase revenue dramatically.
Reason for Selling:
Commute too far
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.