High Volume Laundromat - 24062 Business Type: laundromats,dry cleaning/ laundry services
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $299,000 | Down Payment | $179,000 |
| Gross Revenues | $320,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $128,000 | Number of FT Employees | Register Free to View |
Financing
$179,000 Down and Balance over 3-4 years @6%
Business Description
High volume updated Laundromat. Well Established for 25 years. Located in a busy plaza anchored by a Supermarket and Discount Dept. store. Recently updated equipment, 8 of 30 washers installed in the last 2 years, nothing else over 12 years old and all well maintained. Assumable lease in place with 3.5 years to go and a 5 year option. Landlord willing to extend. Coin-op averages $2500 per week, Wash-dry-fold $1500 per week, Dry cleaning, $1000 per week, and commercial accounts $5000 per month (no delivery). Machines are all set up to accept credit cards or coins. Store has WiFi and video surveillance. Great opportunity for someone looking for a higher volume location. Seller offering financing! Call today!
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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