Business For Sale

Busy Self-Serve Laundromat - Great Location

Not Disclosed, AZ

Northern Arizona


Asking Price: Annual Revenue:
$875,000 $441,007

Services: Dry Cleaning & Laundry


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RE: Busy Self-Serve Laundromat - Great Location Broker: Peggy Marsh

Quick Facts

Asking Price: $875,000
Annual Revenue: $441,007
Net Profit: Not Disclosed
Cash Flow: $201,396
Total Debt: Not Disclosed
FF&E: $364,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 5
BBN Listing #: 944126599
Broker Reference #: NAZ18735

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Business Overview:

This established, very profitable laundromat is located in Northern AZ and is in an attractive plaza right on a busy major street. Space is 3,402 Square Feet. Long term lease was signed in 4/2016 for five years with two five-year renewal options. Rent is $4,900 per month which includes CAM charges. The laundromat is always very clean, well lit, well maintained and has lots of parking up close for easy access. New high efficiency machines still under warranty, new boilers and upgraded plumbing all within the last 1.5 years. This laundromat is generating excellent cash flow especially with the updated equipment. Near housing and apartment developments and continually frequented by people living out of town. Competition is not a significant concern. There are many benefits to purchasing a well-established local laundromat with a strong customer base and continually increasing revenue. Other revenue includes a few vending machines and sales of ancillary items. Long term staff with one attendant on duty during hours of operation, Owner works PT. No special skills required. Financial information based on Jan-Oct 2018 P&L (annualized). For more information, please contact Peggy Marsh or email us.

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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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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