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- RE: East Metro Laundromat For Sale
- Contact: Mac Thelen
Quick Facts
Asking Price: | $299,000 | |
Annual Revenue: | $93,200 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 205840231 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This listing is a Laundromat based in a North East Suburb of St. Paul. This Laundromat is being run unattended, with automatic locks for opening and closing. Another tenant in the building cleans the store for free in exchange for a small section of the Laundromats footprint which used to be used by the laundromat for additional services. This is a large Laundromat, and some machines are out of order. They have not been fixed yet because there are plenty of machines to support current demand. A new buyer could and should utilize the size of the Laundromat and obtain commercial laundry accounts as well as restart the wash and fold service offered by previous owners.
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Property Features and Assets:
The business operates in a 4,250 square foot leased location at $3,000 monthly all in.
Reason for Selling:
Changed retirement plans
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
Relevant Links:
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