Business Overview:
New, bright, clean, laundromat with property, special space allocated for dry cleaning service and approximately 1,000 square feet of space allocated to make a convenience store, in the front there is a two story, wood framed residential/office structure which can be used as a rental property or for personal use. This could be rented for $800 to $1,000 per month. Also the 1,000 square feet of space can also be rented for $800 to $1,000 per month. It has separate entrance door and bathroom. The revenues are still going up every month, it has not reached its potential at all. This is one of the best laundromat within five mile radius, there is hardly any competition, seller has not done any marketing or promotion. This is the great opportunity for an investor, since there is an excellent growth potential. The list of washers 1) 24 to 12 lbs. Google Earth front loaders, 2) 24 to 30 lb continental front loaders, 3) 11 to 40 lb continental washers, 4) 5 to 75 lb continental washers and the list of dryers 1) 50 to 30 lb stack gas dryers, 2) 4 to 75 lb single pocket ADC gas dryers.The outside digital sign alone is $45,000. The property is appraised at $710,000 and the original cost of all equipment, installation and leasehold improvement is $765,000. The price really is a great bargain.
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.
Reason for Selling:
Buying a bigger business
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: