#Business ID: 12704

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Profitable Coin Laundry

Business Location: Gresham, Oregon, United States

Asking Price: BUSINESS SOLD

Revenue: $ 177,000

Cash Flow: $ 53,000

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

This coin laundry features 24 front loading washers in 4 different sizes to meet varying needs from customers. The laundry has 12 30lb double pocket dryers and 2 80lb single pocket dryers, one new American Changer bill changer, plenty of folding tables, soap vending and all of the other equipment and supplies needed for a successful coin laundry.

Property Details

Years Established:

2005

FF&E:

$ 160,000

Inventory Value:

$ 300

Other Business Details

Premise Details:

The laundry is located in leased space in a shopping center in the city of Gresham. The facility features plenty of parking right in front of the business. The space is currently leased and is eight years into a ten year lease with two 5 year renewal options., The business could expand its service offerings.

Competition:

Gresham and east Portland are served by multiple coin laundromats

Business Operation Details

Support & Training:

The seller will provide training and support to the buyer.

Miscellaneous Details

Financing Available:

Yes

Reason For Selling:

Planning for retirement.

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