Business Summary

Financials
Asking: $99,000

Gross: $120,000
Cash Flow: $50,000

Summary Description
This is located in a small strip shopping plaza. the hours are from 7am - 9pm 7 days, The size of the laundromat is 1500 s.f. The store has to be be remodel. The landlord will provide a longer lease for doing the improvements. yearly Gross sales is $120,000, Monthly expenses are: rent $2800, water $1200,gas $800, electric $500, insurance $100, supplies $200, phone $60 the cash flow on this listing does not include any payroll. The owner will determine how many hours the wants to work. 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warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market.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: 1988
Employees: 3

Market Outlook
Competition: Not many in the immediate area. Many of the customer do not have cars.

Growth and Expansion: The store can be upgraded with newer machines.

About the Sale
Financing: none
Support/ Training: Will train in management
Reason Selling: personal

Property Details