Business Summary

Financials
Asking: $175,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $200,000
NOT Included in the Asking Price:
Inventory: $1,000

Gross: $150,000
Cash Flow: $75,000

Summary Description
Long term lease (5 years+ options years). Parking lot is in front for 16 cars. This location is in the heart of the shopping area, on very busy main street. The Laundromat was built in 1993. The Laundromat is approximately 2000 s.f.: hours 7:am-9:OOpm 7 days. The Laundromat has been updated. There is new (Sypderware) electronic paying system that is going to take, credit /debit card, store loyality card and coins. new install for approximately $30,000. This system is monitor by a computer or use your own smartphone or laptop, etc. The Laundromat is fully monitor at call times with cameras can view live on real time anywhere in the world. Equipment: 17-Speed Queen double stack dryers(34pockets) 7 Speed Queen double load washers,2 Squeen Queen triple load washers,4 Speed Queen #50# washer, 3 Wascomat 40# washer, 5 Speed Queen 27# washers, 1 Continental #20 washer, 2 Speed Queen 80# 1 EVO hi efficiency boilers, 1 120 gallon hot water heater, Rowe change machine, American Standard change machine. camera monitoring system with remote monitoring. 4 fiberglass folding tables, 6carts, scale, etc. For more details on breakdown of gross sales and operating expenses.

General Information
Year Established: 1993
Employees: 4

Market Outlook
Competition: This laundromat has also another income business

About the Sale
Financing: Minimum down payment $110/ note 5yrs./5%
Support/Training: Will train new buyer
Reason Selling: Other Interest

Property Details