Turnkey Laundromat in Weber/Davis County -PENDING!

Not Disclosed, UT
Weber County


Asking Price: Annual Revenue:
$250,000 $244,616

Services: Dry Cleaning & Laundry


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RE: Turnkey Laundromat in Weber/Davis County -PENDING! Broker: Saul Komisar
Owner Financing is Available!

Quick Facts

Asking Price: $250,000
Annual Revenue: $244,616
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 206549963
Broker Reference #: 1401-643978

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Business Overview:

70 Years in Business, Lender Pre-Approved

This full-service, family owned, laundromat has successfully been in operation for nearly seventy years. The business is strategically located on a high traffic count street, within a growing area. The business offers both self-service and full-service laundry. The store is fully staffed with an experienced team. Cash and credit are acceptable for payment and all income is reported. With exceptional online reviews and years of history in the community, the business doesn’t spend any funds on advertising. There is a healthy revenue mix including a range of commercial laundry services for nearby businesses as well as traditional walk-in and drop off services. This is a rare opportunity for someone to own a turnkey laundromat with years of consistent cash flow in a fast-growing market.

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Property Features and Assets:

All equipment is in excellent condition and routinely maintained. Many of the machines are either new or recently updated, and among the industries most recognized brands. The real estate is owned and available for a long-term lease or purchase. Ample parking available for patrons.

Market Competition and Expansion:

There are only a few direct competitors in the area. The current space offers ample room for expansion. In addition, there are several identified areas for revenue growth that the current owner will share with a new owner. The business also does not do any traditional marketing, such that a new owner has an immediate opportunity to capitalize on websites, social media, etc.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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