Seller's Contact Information
- RE: Card Laundromat For Sale!
- Contact: Douglas Bodner
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $225,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $64,072 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 16 | |
Employees: | 3 | |
BBN Listing #: | 92072979 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This is a 5,000 square-foot card system laundromat that is situated on a freestanding building with 15 parking spots 13-year lease in place. Breakdown of sales are 95% self-service 2% wash and fold 1% retail sales and 2% vending. There is plenty of room for growth on the wash and fold side. Seller works store full time about 60 hrs a week with 35hr of part-time employees. The store is unattended for 18-20 hrs a week door is on an automatic timer.
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Market Competition and Expansion:
There is no competition in the area but the demographics warrant this business. An owner-operator could expand into the commercial wash and fold business.
Reason for Selling:
Seller wants to relocate out of the city.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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