Business For Sale

Utah County Laundromat

Not Disclosed, UT
Utah County

Asking Price: Annual Revenue:
$325,000 $193,426

Services: Dry Cleaning & Laundry

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RE: Utah County Laundromat Broker: Sales Associate
Owner Financing is Available!
$150,000 down, balance @ 7% over 10 years.

Quick Facts

Asking Price: $325,000
Annual Revenue: $193,426
Net Profit: Not Disclosed
Cash Flow: $94,506
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 1
BBN Listing #: 4033234
Broker Reference #: ABB18005

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Business Overview:

Well established Laundromat started in 1980 with the current owner having run it for the past 6 years. It has a good reputation and conveniently located. It has dozens of coin operated washers and dryers of different sizes and varieties to accommodate different load sizes and needs of its customers. It also does dry cleaning although it is technically just a drop off and the dry cleaning is outsourced. The equipment is in good repair and has been maintained regularly.

The current owner has set up an extensive security system with cameras allowing him to observe the Laundromat anywhere from his computer. Sales and profits have grown every year and 2018 looks to be their best year ever. Office ID: ABB18005
Real estate transactions brokered by Alpine Business Brokers, LLC.

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Reason for Selling:

Pursuing other ventures.

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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