Business Summary

Financials
Asking: $119,000

Gross: $110,000
Cash Flow: Not Disclosed

Summary Description
THIS LAUNDROMAT LOCATED ON THE SOUTH SHORE IS THE ONLY NEARBY LAUNDROMAT SERVICING THE AREA. GROSS SALES APPROXIMATELY $120,000, RENT $19,600, WATER/SEWER $9000, INSURANCE $700,SUPPLIES $3000,ELECTRIC $3600, GAS $10,000 THESE ARE ONLY ESTIMATE OF OPERATING EXPENSES. PAYROLL WILL VARY. IT ALL DEPENDS HOW MUCH OR LITTLE TIME THE OWNER WOULD SPEND. This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information. This is SALES PURPOSE ONLY.

General Information
Year Established: 2007
Employees: 1
Facilities: This store is approximately 1000 s.f with a basement parking is in the rear. Age of most machines are 7-8 years old. The have a olderVTM electric card system, 3 Wascomat 35# front load washer, 7 Wascomat 18# front wsshers, 6 top load washers,16 pockets /8 Hublsch double stack dryers. soap vending machine, scale, folding tables, security camera system etc.

Market Outlook
Competition: No many in the area

About the Sale
Support/Training: Will train new buyer in management and doing of wash, dry/ fold service
Reason Selling: Possible Relocation

Property Details