ABSENTEE Laundromat with Seller Financing - 15642
Business Type: laundromats,misc. retail/non-classifiable
Acted as the Advisor to the Deal
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $135,000 | Down Payment | $100,000 |
| Gross Revenues | $79,200 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $36,100 | Number of FT Employees | Register Free to View |
Financing
$100,000 Down and Negotiable! Financing at 10% for 24 months for serious buyers only!
Business Description
If you're looking for the perfect neighborhood 100% ABSENTEE Laundromat, look no further. This 40 year old Laundromat is located on a main road and in the middle of a busy neighborhood next to an apartment complex in Mercer County. Grosses $75k per year, from coin washers and dryers alone. The machines are in great shape and all equipment is owned. The Laundromat features 3 new Wascomat 30 lb Front Load Washers, 20 Maytag 15 lb Top Loader Washers, 12 LoadstarII 45 lb Front Loader Dryers, 3 Tables, 3 Carts, 2 Soap Dispensers (4 columns each), Soda vending machine and change machine. The 1300 sq.ft. space includes a sitting area and an office/storage area. There is also a 600 sq.ft. basement which can be used as additional storage. Revenue can be drastically increased by adding drop-off/pick up service. The space can also be rearranged to start a small cafe and add a TV. Store has security system in this facility which includes six cameras and a DVR recorder. The owner can record 24/7, and view past or live feed via a computer, or via a smart phone.THIS DEAL WILL NOT LAST! This business is a great turn-key opportunity with lots of room for growth. Call ASAP!!!
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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