Absentee-Owned Laundromat w/Property in Biloxi, MS

Biloxi, MS
Harrison County

Absentee-Owned Laundromat w/Property in Biloxi, MS

Asking Price: Annual Revenue:
$699,000 $122,400

Services: Dry Cleaning & Laundry

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RE: Absentee-Owned Laundromat w/Property in Biloxi, MS Broker: Kavita Purohit

Quick Facts

Asking Price: $699,000
Annual Revenue: $122,400
Net Profit: Not Disclosed
Cash Flow: $54,840
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 377333274
Broker Reference #: Biloxi699k

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Business Overview:

Absentee-Owned Laundromat with Property and $36K Yearly Rental Income in Biloxi, MS!

Property is also collecting rental income from three tenants totaling $3,000 per month! Mortgage payment will be roughly $3,500 of which $3,000 will be covered by the rental income! There is a vacant space next to the laundromat in which Buyer can fill with another tenant or start another business!

Laundromat is currently generating $7,200 per month in sales! Seller's Net Profit after paying $1,387 in 1099 payroll as an Absentee-Owner is approximately $4,570 Per Month Net Profit!

Property includes three buildings! Priced to Sell! Seller is looking to retire!

Surrounded by residential homes. Less than a mile from 2 RV parks with hotels and plenty of tourism for the beaches at the Mississippi Gulf Coast. Near to the Casino and MS Gulf Coast Community College with nearly 10,000 enrolled students!

Asking Price for Laundromat Business, Property, and Three Rental Incomes: $699,000!

If interested, please email your full name and best contact number to info@riverbrokers.com

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

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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