Seller's Contact Information

  • RE:  Established, Profitable, Renovated Coin Laundromat
  • Contact:  Not Disclosed

Quick Facts

Asking Price: $195,000
Annual Revenue: $171,750
Net Profit: Not Disclosed
Cash Flow: $78,120
Total Debt: Not Disclosed
FF&E: 120,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 3
BBN Listing #: 79392979
Broker Reference #: 12950SS

Email or Print Listing

Business Overview:

Established, profitable, renovated, well maintained coin operated laundromat in top busy location with loyal customer base. Has 26 Speed Queen dryers, 18 Wascomat and 3 Maytag washing machines. Offers wash & fold service, dry cleaning, pickup and drop off services, sells cleaning and washing items, snacks & drinks. They also sale custom items such as: T-shirts, mugs, kids flip cups, tote bags, tumblers, baby blankets, etc. Machines are 11 to 15 years old in good condition.

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Property Features and Assets:

Renovated laundromat with 26 dryers and 18 washing machines in good condition, neighborhood clients that can walk to store, same pickup & drop service. Lease 5 1/2 years can get option to renew.

Market Competition and Expansion:

Can add six more machines because piping is already in place. Promotions and advertising.

Reason for Selling:

Moving

Additional Details:

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

Documents:

Relevant Links:

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