Owner Financing is Available!
Business Overview:
Over $30,000 in cash flow, no employees, no inventory or receivables, and work as needed are just some of the advantages of owning a business like this. The building contains the laundromat on the first floor and two 1 – bedroom apartments and two 2 – bedroom apartments on the upper floors. This is a densely populated area of Northern Kentucky with a large number of renters. 10 new double load washers and stack dryers were installed in 2008. The infrastructure and footprint allow for 10 additional double load washers and 6 – 8 more dryers which will drive sales and profits upward. Included in the sale is a 10 car parking lot which allows customers to not only walk to do their laundry, but allows customers who do not live within walking distance to drive and park and do their laundry. Current owner has games and drinks available, but use your imagination to add other ancillary businesses to the business such as a mini-mart, food, or espresso bar. Financing is available to a qualified buyer through the bank that currently has the mortgage. Current owner needs to sell to raise cash for other business ventures.
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:
Other business ventures
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.
- This is not a distressed business or bankruptcy situation.