Seller's Contact Information
- RE: Growing/Profitable Laundromat In Busy ShoppingMall
- Contact: Richard Kim
Quick Facts
Asking Price: | $249,000 | |
Annual Revenue: | $235,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $109,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 2 | |
BBN Listing #: | 932862515 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Just Reduced Price for Quick Sale!
Growing and Profitable Laundromat with 29 Washers and 24 dryers in Busy and Large Shopping Mall.
All machines were upgraded and retooled in 2019.
There are many residential apartments and houses near the laundromat.
There is great potential for Growth by increasing dry cleaner drop-off and Wash & Fold business.
All the above data is reliable but accuracy is not guaranteed. All the above data is subject to verification through due diligent work by buyers under their responsibility. The Broker does not guarantee or represent the accuracy of all data.
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Property Features and Assets:
Total 1,500 SF; 29 Washers and 24 Dryers Retooled and UpGraded in 2019. All equipment are in excellent working condition.
Market Competition and Expansion:
Only laundromat in large busy shopping mall at high traffic street. There is great potential for Growth by increasing dry cleaner drop-off and Wash & Fold business.
Reason for Selling:
Health.
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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