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Business For Sale

Laundromat Sold w/Real Estate ONLY-HiTraffic (Lee)

Medford, Somerville, MA

Services: Dry Cleaning & Laundry

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$289,000
$270,000
Not Disclosed
$100,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1990
4
269431418

Business Overview:

Freestanding 2,000 sq. ft. building with parking on the premises. This is a high traffic location. This store does wash / dry / fold and pick-up and delivery.

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:

FF&E of $175,000 is included with the sale. Real Estate, additional $589,000, must be purchased along with business. Approximately 2,000 sq. ft. freestanding building. EQUIPMENT: 6 MAYTAG top loaders, 10 Speed Queen Horizons 16#, 6 Wascomat W124 front loaders #30, 6 Wascomat W640 front loader 40#, 3 HUBLESCH front loader 50#, 10 double stack Speed Queen Standard 632 D6 dryers (20 Pockets), 7 Hoyt Windsor single stack dryers, change machine, laundry carts, scale, counter, etc. The laundromat as some commercial accounts. The net reflected in the cash flow is with the owner's operating the laundromat themselves without any payroll.

Market Competition and Expansion:

Growth/Expansion: There is plenty of pick-up and delivery service available to expand the business.

Reason for Selling:

Other 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: