Business For Sale

Services: Dry Cleaning & Laundry


Coin Operated Laundromat + Dry Cleaner with RE

Eastern Triangle Area, NC

Asking Price: Annual Revenue:
$575,000 $170,247

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RE: Coin Operated Laundromat + Dry Cleaner with RE Broker: Don Emmett Entrust Associates

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Quick Facts

Asking Price: $575,000
Annual Revenue: $170,247
Net Profit: Not Disclosed
Cash Flow: $67,591
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: Not Disclosed
Listing Number: 837824648

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Business Overview:

An interesting multifaceted business a coin-operated laundromat and dry cleaner all in one location on half an acre of property included in the sale. The business can be run absentee or hands on. Currently the owner leases the dry cleaning business but spends about an hour a day at the laundromat. In addition to the laundry equipment, there are also outside owned gaming and vending machines in the facility. The business receives earnings of 50% of the vending machine sales.

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Property Features and Assets:

Approximately 4,000 square feet building on half an acre of property situated on a busy thoroughfare.

Market Competition and Expansion:

Limited competition. The current owner does little to no advertising/promotion. Adding drop off/fold and pick-up/delivery services could attract more affluent clientele and increase business. Developing a website and offering WI-FI to customers could also be a great draw as well.

Reason for Selling:

Career change

Additional Details:

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

Resources:

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