Large, Prosperous Laundromat, serving High Traf...

Toledo, OH
Lucas County


Asking Price: Annual Revenue:
$370,000 $281,270

Services: Dry Cleaning & Laundry


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RE: Large, Prosperous Laundromat, serving High Traf... Broker: Jeffrey Bury
Owner Financing is Available!

Quick Facts

Asking Price: $370,000
Annual Revenue: $281,270
Net Profit: Not Disclosed
Cash Flow: $168,762
Total Debt: Not Disclosed
FF&E: $166,500
Real Estate: Not Disclosed
Year Established: 1996
Employees: 2
BBN Listing #: 719438814
Broker Reference #: NORTHOH001-N364

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Business Overview:

Large prosperous cash/coin laundromat proven 27 years in a commercial, urban, high traffic region of Toledo, Ohio, which is fully functioning and equipped coin laundromat. Strong loyal repeat clientele established for +27 years operated with two part timers. Gross sales of $281,271, cash flow of $168,762. Seller will consider 30-50% financing if approved. Optimal commercial, high traffic/visibility location in open air strip center. Fully functional equipment including Wascomat double loader, triple loader, Giant E 655 Emerald Series, W75, W125, 175, Speed Queen commercial washers and Wasco stacked dryers. There are two, 50 gallon, Bradford white magnums series modern water heaters and a Wasco coin changer. Add a flat screen ceiling mounted TV, video camera system, double deck folding tables, etc. and you have a fully functioning and equipped coin/cash laundry business. Owner notes a friendly, extendable, affordable lease. Seller is retiring. If you have been looking for a prosperous coin laundry in a prominent, high traffic region of a 275,000 populous metropolitan region which is fully functioning and equipped for over 27 years run by two part timers grossing $281,271 with possible 30-50% seller financing, check this one out. The information contained herein has been secured from the Seller. Sunbelt Business Brokers of Northern Ohio does not warrant or guarantee in any way whatsoever either the accuracy or the correctness of the information or any assumptions or inferences there from. Buyer should conduct his or her own diligence before buying. This information is subject to change without notice.

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Reason for Selling:

Retirement

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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