Laundromat - 3524 Business Type: laundromats,misc. retail/non-classifiable
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $275,000 | Down Payment | $175,000 |
| Gross Revenues | $192,400 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $69,769 | Number of FT Employees | Register Free to View |
Financing
$175,000 Down and 100,000 5 years @ 8%
Business Description
Bright, spacious laundromat in busy main road shopping center w/ 24/7 national anchor tenant. 23 washers and 28 dryers. Does $3,700 per week including $1,200wk wash and fold. 5 loyal P/T employees. Open 6 am to 11PM. Could easily go 24/7 to match anchor tenant. Fully absentee, No advertising or marketing. 1,300 square feet. Long lease. Totally renovated 1.5 years ago. New camera system. Laundromat is packed to capacity on weekends. Space available next door, oppty to expand.
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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