Business Summary

This Laundromat purchased two months ago from a broken down Laundromat with machines not working properly, was a place to be avoided ( doing about $500-$600) weekly. Now after 2 months doing $1300 weekly and steadily increasing. 52 x $1300 = 67,600 now has to do 450 weekly to hit projections. Low cost of operation makes this place very profitable. Machine over 5 yrs of age all newly put to together. 16 dryers 8 double stack 25lbs 18 washers 1/45lb, 1/30lb, 8/25lbs, 8/18lbs. 30 hours for a salary employee also does sewing and alteration $100 weekly. 90% OF BUSINESS IS WASH/PRESS AND FOLD, Mostly drop off. That is what owner wanted to concentrate on. Now moving ahead faster then owner anticipated. Hitting $100,000 in gross income is possible in 1st year terrific growth potential by following what this place has set up for drop off- all garments, wash-fold-press.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is leased.
This is not a home based business opportunity.
This is not a franchise resale opportunity.

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