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Business For Sale

Laundromat

Not Disclosed, UT

Services: Dry Cleaning & Laundry

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$360,000
$99,920
$53,640
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$298,109
Not Disclosed
2009
1
91924931
Owner Financing is Available!
A qualified buyer can assume seller’s $260,000 note and seller will finance another $100,000.

Business Overview:

This laundromat was established in 2009 and is located in a retail strip mall at a busy intersection. The facility has lots of windows, good visibility from the street and tons of parking. The surrounding neighborhood is full of young families and college students. All of the commercial laundry equipment was purchased new and is in excellent condition. The major equipment includes 36 Dexter washers, 16 Dexter dryers, 3 75 gallon water heaters and a water softener. The installation also included new plumbing and electrical. The owners live in a neighboring county and have decided to sell because it is too far away to manage. They have built a reasonable business base as absentee owners but it needs a new owner who can do some local marketing and add services such as Drop-off Service, Wash Dry & Fold and the opportunity to develop commercial business with caters, wedding businesses, etc. Price includes assets and leasehold improvements valued at $398,109. Here is your change to own this business and take it to the next level.

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:

Approx. 2,440 sq. ft.

Reason for Selling:

Owner lives too far away

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.