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  • RE:  30 Year PHX Laundromat W/Low Rent, Growth Potenti
  • Contact:  Philip Handke
Owner Financing is Available!
Financing Amount $75.000,00 ROI 8% Terms 30 Financing Monthly Payment $2.766,62

Quick Facts

Asking Price: $265,000
Annual Revenue: $119,882
Net Profit: Not Disclosed
Cash Flow: $66,065
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: Not Disclosed
BBN Listing #: 1005003
Broker Reference #: 21997-449349

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Business Overview:

Turnkey opportunity in a high-demand with significant untapped upside potential and seller financing available.

  • Family-owned & operated for over 30 years in a desirable, high-traffic location
  • Immediate opportunity to raise prices, add wash & fold and delivery services, extend operating hours
  • Seller willing to finance up to $75,000 of the purchase price at 8.0% interest over 30 months ($2,766/mo)
  • Seller currently works just 8-10 hours/week, primarily opening/closing, light cleaning, minor equipment repair
  • Seller is retiring and is willing to train the buyer on operations
  • Cosmetic upgrades completed in 2021 to refresh the interior
  • Formal P&Ls are not available. Sales figures derived from cash deposits; SDE is calculated by deducting electric, water, gas, rent, insurance, and parts & supplies
  • Transaction does not qualify for SBA financing; listing broker can refer buyers to non-SBA lenders for financing assistance
  • Buyers must complete an NDA and buyer profile to receive additional information
  • Buyers may request diligence items after submitting proof of funds and seller's acceptance of an offer

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Reason for Selling:

Retirement. Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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