Listing Expired

Business For Sale

Services: Dry Cleaning & Laundry


Laundromat

Not Disclosed, UT

Asking Price: Annual Revenue:
$360,000 $99,920

Business Overview:

This laundromat was established in 2009 and is located in a retail strip mall at a busy intersection. The facility has lots of windows, good visibility from the street and tons of parking. The surrounding neighborhood is full of young families and college students. All of the commercial laundry equipment was purchased new and is in excellent condition. The major equipment includes 36 Dexter washers, 16 Dexter dryers, 3 75 gallon water heaters and a water softener. The installation also included new plumbing and electrical. The owners live in a neighboring county and have decided to sell because it is too far away to manage. They have built a reasonable business base as absentee owners but it needs a new owner who can do some local marketing and add services such as Drop-off Service, Wash Dry & Fold and the opportunity to develop commercial business with caters, wedding businesses, etc. Price includes assets and leasehold improvements valued at $398,109. Here is your change to own this business and take it to the next level.

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Property Features and Assets:

Approx. 2,440 sq. ft.

Reason for Selling:

Owner lives too far away

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.

Request More Information
Contact the Seller

RE: Laundromat Broker: Seller of Business Coldwell Banker Mergers & Acquisitions
Owner Financing is Available!
A qualified buyer can assume seller’s $260,000 note and seller will finance another $100,000.

Quick Facts

Asking Price: $360,000
Annual Revenue: $99,920
Net Profit: $53,640
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $298,109
Real Estate: Not Disclosed
Year Established: 2009
Employees: 1
Listing Number: 91924931

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