Business Overview:
Active Owner/operators needed to increase Profitability. Presently $25,879 per month net income. A new full-time operator can increase income on this Six-month-old, 5 Star Customer Service. Illness force sale of this well equipped Laundromat, Built From Scratch with 54 washers, 56 dryers. 10,000 Square feet. One-year-old equipment. 18 years left on a 20 years lease. The seller is willing to stay on for a transition period.
High Income Opportunity, Low investment of time, LOW RENT with a long-term lease.
New owner can expand corporate accounts and Wash Dry and Fold, pick up and delivery service for additional revenue. Great Location, lots of foot traffic, on-site parking.
$57,948.09 Monthly Income
Monthly Expense
$9,225 Rent
$7,100 Payroll
$2,933.00 Water
$3,529 Gas
$2,200 Electric
$389.96 Verizon
$1,500 Supplies
$1,000 Insurance
$27,876.96 Total Monthly Expense
30,091.13 Monthly Net income
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Reason for Selling:
Other interest.
Additional Details:
- The property is owned.
- The owner is not 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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