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- RE: 30 Year PHX Laundromat W/Low Rent, Growth Potenti
- Contact: Philip Handke
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 |
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:
- View more Arizona businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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