$65,000 NET Busy Coin-Op Laundromat

Phoenix, AZ
Maricopa County


Asking Price: Annual Revenue:
$200,000 $132,000

Services: Dry Cleaning & Laundry


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RE: $65,000 NET Busy Coin-Op Laundromat Broker: Mike Darmo
Owner Financing is Available!
Seller will carry with $125,000 down and $75,000 for 2 years at 7%

Quick Facts

Asking Price: $200,000
Annual Revenue: $132,000
Net Profit: Not Disclosed
Cash Flow: $65,000
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 795659836
Broker Reference #: Not Disclosed

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Business Overview:

If you are looking for a business that can be ran absentee with little need for employees with working equipment and little to no competition then look no further. The business boasts a lot of equipment and a tap in the local market which visit there frequently for their clothing. This business is situated in a busy strip center with a lot of frontage exposure to a busy road. The lease is only $900 per month for 2 yrs with a 3 yr option for 1,500 square feet and the landlord is great. This business is very easy to run and just needs a new owner to take it to the next level with online marketing and also maintain the current clientele with excellent service and maintenance of the the equipment. Wait till you see the pictures to see how much equipment this business has. The expenses are very low as well as the cost of goods. The seller is also offering very good terms with $125,000 down the seller will finance the remainder of $75,000 for the buyer for 2 years at 7%. Hurry up laundromats don't last long especially ones with this kind of NET income.

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Property Features and Assets:

Situated at the end cap of busy center on a busy street.

Market Competition and Expansion:

Tons of room for growth with more online marketing.

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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