Business For Sale

Money Maker! Coin Laundry In Highly Populated area

Not Disclosed, GA
Gwinnett County


Asking Price: Annual Revenue:
$800,000 $591,000

Services: Dry Cleaning & Laundry


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RE: Money Maker! Coin Laundry In Highly Populated area Broker: Karl Barham
Owner Financing is Available!
400000.00

Quick Facts

Asking Price: $800,000
Annual Revenue: $591,000
Net Profit: Not Disclosed
Cash Flow: $254,000
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 307556513
Broker Reference #: 98126-605807

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Business Overview:

Do not miss this fantastic opportunity to bring in the CASH with a current net income of 20K+ a month! This store has been a neighborhood staple over 20 years and has a loyal customer base. This spacious store boasts 5,600 sq. feet; enough to house 63 washing machines, 76 dryers, pool tables, foosball tables and multiple flat screen TV’s. Earn extra revenue from the coin operated gaming systems and massage chairs. There is ample parking in the extra-large lot off an interstate exit in a high traffic area with thousands of renters This is a consistent revenue producer that has great growth potential! Owner financing available.

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Property Features and Assets:

The laundromat has been owned and operated by the current owner since 2002. The owner is ready to retire.

Market Competition and Expansion:

This is the largest laundromat in the area. Most others are half in size. High population of rental communities. Located in a high growth area. Potential Growth Extend Hours 24/7 Market Business: website, google search, customer loyalty program, coupons Offer free WIFI, add TV’s Upgrade seating for comfort Rent space for services (check cashing, others) Refresh signage & entrance

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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