PHOENIX, Arizona
| Asking Price |
$319,000 |
Year Established |
1995 |
|
| Annual Revenue |
$119,882 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Philip Handke |
|
| Annual Cash Flow |
$68,625 |
Listing Number |
1005003 |
|
| # of Employees |
|
Business Category |
Services: Dry Cleaning & Laundry |
|
Business Overview:
- This is a 30+ year old, family-owned laundromat in a desirable area. After many years of ownership, the seller seeks to retire and enjoy the next chapter of their life.
- Owner spends about 8-10 hours a week in this business, mostly opening/closing the store, performing light cleaning, and light equipment repair.
- Business has lots of room to grow including increasing prices, increasing hours, adding a delivery route, upgrading equipment, etc.
- Seller does NOT have format P&Ls to provide. Sales figures taken from cash deposits; SDE calculated using utility bills, rent payments, etc.
- Buyers must fill out an NDA and buyer profile to receive additional information about this business.
- Seller seeking all-cash offers only; listing broker can provide referrals to non-SBA lenders who can assist with financing.
- This transaction does not qualify for SBA financing.
- The successful buyer may request diligence items AFTER showing proof of funds and the seller's acceptance of your offer.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity