Listing ID: 10953

Business Overview

Charming storefront located on a corner street. Parallel parking is available on every street that meets at the intersection. Multiple apartment complexes within one mile of the business. There are 42 machines in total, featuring 20 Dexter dryers only 4 years old and dynamic machines offering cash and card. The laundromat contains 1,200 SQ FT and a basement. This is an established business in service for over 30 years with a loyal customer base. Great reviews across multiple platforms. Building has a ten-year lease with a 5-year option at a $100 annual increase. Owner is semi-absentee and only stops in to collect money. Fantastic opportunity with low overhead and steady stream of income.

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: $250,000
  • Gross Revenue: $495,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Charming storefront located on a corner street. Parallel parking is available on every street that meets at the intersection. Multiple apartment complexes within one mile of the business.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

There are 42 machines in total, featuring 20 Dexter dryers only 4 years old and dynamic machines offering cash and card. The laundromat contains 1,200 SQ FT and a basement.

Opportunities and Growth:

This is an established business in service for over 30 years with a loyal customer base. Great reviews across multiple platforms. Building has a ten-year lease with a 5-year option