Listing ID: 8952
Business Overview
This laundromat sits in a high-traffic shopping plaza at the corner of an intersection. The plaza has two entrances, one from a busy throughfare, and the other from a side street leading to a large neighborhood. Signage advertising the laundromat can be seen from both streets. A paved parking lot is offered to customers. Laundromat features Wascomat machines with 36 washers and 31 dryers. Machines are brand new and include a card system for payment. Customers can choose a convenient drop-off service. Over $1M has been invested into the buildout of this business. Building contains 2,700 SQ FT with a full basement. Business is running on a 15-year lease with two 5-year options. Laundromat is currently ran absentee. Financing is available with 30-40% down. This is an amazing opportunity to enter a turn-key operation that is high profit with low overhead.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money towards a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711
Financial
- Asking Price: $950,000
- Cash Flow: $100,000
- Gross Revenue: $432,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A
Yes
Owner is pursuing other interests.
Laundromat features Wascomat machines with 36 washers and 31 dryers. Machines are brand new and include a card system for payment. Customers can choose a convenient drop-off service.
Over $1M has been invested into the buildout of this business. Building contains 2,700 SQ FT with a full basement. Business is running on a 15-year lease with two 5-year options. Laundromat is currently ran absentee.