Owner Financing is Available!
Business Overview:
This Well Established and Successful Coin Op Laundry is one of the cleanest Laundromats in Tucson. Competition is limited and this business has room to increase prices. The potential for price increases is more prevalent in the Wash and Fold business, which accounts for 30 percent of business' volume. This absentee run Laundromat is always attended and has great profit potential for a working owner. It is located on a busy Street, which is a main route between the University of Arizona and a wealthier outlining bedroom community. All the equipment Is In Working Condition! The laundry also has a remote video surveillance system that allows the owner to view the laundry from anywhere. Potential buyers will be asked to meet at the Broker's office to sign a Confidential Agreement before receiving the business information.
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:
This 3,100 sq. ft. freestanding facility is located on a busy Street, which is a main route between the University of Arizona and a wealthier outlining bedroom community.
The Real Property is for sale with the business. There is favorable owner financing to qualified buyers.
Market Competition and Expansion:
The owner is 70 years old and has significant health issues. The business has not had a commercial account or Wash and Fold marketing campaigns for many years. Like any absentee owned business, there is a lot that can be done.
Reason for Selling:
The owner is 70 years old & has health issues
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.
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