Business Overview:
Laundromat with Wash Dry and Fold with dry cleaning drop-off. High traffic downtown center location with ample parking. Very clean and bright laundromat. Size: 2,000 +- s.f. Rent: $3,400/month.+ $200 (cam). Hours: 7 days, 6am -10pm.
Expenses: Rent $43,345, employee payroll $45,000, electric $13,000, gas $15,000, insurance $2,000, phone $600, water $28,000, repairs $2,000, supplies $7,800, miscellaneous $2,400. Owner can earn $80,000 not working any of the hours.
This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information. This is provided for SALES PURPOSES ONLY.
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 $200,000 is included in the asking price. Size: 2,000 +- s.f. Rent: $3,400/month.+ $200(cam). Hours: 7days, 6am -10pm.
Size: 2,000 +- s.f. Rent: $3,400/month.+ $200(cam). Hours: 7 days, 6am -10pm.
Equipment: 10 Hublsch twin originator 30# dryers (20 pockets), 8 Hublsch single pocket 30# dryers, 3 Wascomat (w185) 50# washers ($5.75), 10 Wascomat (w125) 35# washers ($4.75), 3 Hublsch front loaders #18 ($2.75), 4 Wascomat( w75 ) 25# washers($3.25), 8 Fiberglass folding tables,1- 4 seats attached seating, 2 -3 seat attached seating,1 Hamilton changer, 1 Standard changer, assorted laundry baskets, scale, hot water heater, 2- 8 column Vendrite soap dispensers, service counter, Air conditioner etc., 2 Flat screen TV's.
Market Competition and Expansion:
There was another laundromat that was nearby that was driven out of the area due to high rent.
Reason for Selling:
Relocation.
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.
Resources: