Owner Financing is Available!
Business Overview:
4,600 sq. ft. Laundromat near 2,500 rental apartment units in walking distance. Equipment is Huebsch: 60 washers, 62 dryers - computerized card system. Still under warranty - great potential to grow by adding wash/fold and dry cleaning drop. Should increase profit by 30%. Owner build-out cost over $750,000.
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:
Owner will give 25 year lease to qualified buyer. New equipment still under warranty. Cost owner $750,000 to build.
Market Competition and Expansion:
Competition - Nothing near
Expansion - Income can be increased by adding wash and fold plus dry cleaning drop
Reason for Selling:
Other business interests
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.
Resources: