Business Summary

Financials
Asking: $199,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $250,000

Gross: $180,000
Cash Flow: Not Disclosed

Summary Description
This laundromat was completely remodel and new plumbing and electrical work was done. THE BUILT OUT COST WAS OVER $100,000. This location was a laundromat , but it was real old. The landlord purchase this laundromat as part of the real estate with another business. Since the other business has been sold the landlord decided to sell this laundromat. There is ALL NEW EQUIPMENT in this laundromat. Equipment List: 7 Wascomat W620, 20# washers, 5 Wascomat W630, 30# washers, 2 Wascomat W640 40# washers, 3 Wascomat W655 55#washers. 2 Hueblsch single pocket 70# dryers, 8 Hueblsh doouble stack $30 dryers (16 pockets) boiler, hot water heater,Bill changer, soap dispenser, 3 fiberglass 3 seat settee, 4 fiberglass folding tables, scale,assorted laundry carts, etc. More information will be provided to a qualified buyer.

General Information
Year Established: 2010
Employees: 2

Market Outlook
Competition: This is one of the newest laundromat in the area. There was one nearby that was closed. Not due to business. The property is being converted to condo by the landlord.

About the Sale
Financing: none
Support/Training: Will train new buyer in the daily operation of the business
Reason Selling: other interest

Property Details