Please Confirm
Are you sure you wish to REMOVE from your request basket?
Request More Information
Contact the Seller
Quick Facts
Asking Price: | $360,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 3 | |
BBN Listing #: | 918131418 | |
Broker Reference #: | LAV |
Request More Information
Contact the Seller
Business Overview:
This is a brand new laundry built in 2014. This laundry has the state of the art laundry. complete coinless electronic card system. Present owner has some commercial accounts. The laundry is open 7 days a week and the hours are 8:00am-8:00pm. The owner has spent over $450,000 which includes the purchase of new equipment and the total build out of the laundry. Remember Laundries built from the ground up takes few years to be profitable. If you started a new laundry expect some growing pains. This laundry just finished the growing pain and now is going to turn a profit.
There might be chance to assume the current buyer's loan. The original loan is for 10 years. Currently you are going into to 4th year. The end of this year your loan will accelerate on paying more principal than interest, which you are paying much more on principal.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This laundry in a large neighborhood shopping center near bus line. This 2,800 square feet laundry features all ADC equipment 2 ADC 80# washers, 5 ADC 60# washers, 5 ADC 40# washers, 4 LG 16# washers,8 ADC 35#double stack dryers (16 pockets),8 ADC double stack 45# dryers(16 pockets)Rowe Bill changer,8 laundry cartas, 4 folding tables,Electronic timing system doors & alarm, 6 camera security system, CCI system consist of38 card readers,, POS System computer, etc. rowe Bill changer.
Market Competition and Expansion:
Currently they can increase dry cleaning and pick-up and delivery.
Reason for Selling:
Personal.
Additional Details:
Documents:
Relevant Links:
Request More Information
Contact the Seller
Please Confirm
Are you sure you wish to REMOVE from your request basket?
We're Sorry
We only allow businesses per information request. Please complete your current requests to continue.
Oops!
Wow, glad you're interested in so many businesses! The you've inquired to will contact you shortly.
Learn how you can
Small business financing with Guidant Financial
Business Funding
From Guidant Financial
Thank you for Business Funding Pre-Qualification Request.
You should receive an email response within a hour