Listing ID: 13845

Business Overview

This laundromat is located on a busy street and surrounded by apartments. Street parking is available. Inside is well-kept and contains 82 machines, featuring 40 washers and 42 dryers, and Dexter coin machines. Customers can choose from dry cleaning and drop off services. Laundromat offers a full line of detergent to fit customers’ needs. Building contains 2,500 SQ FT and has a 7-year lease with a 5-year option. Owner helps part time and operates with two employees. Laundromat has been owned for seven years but has been in the location for decades. This is a highly residential location perfect for a business in this industry.

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: $450,000
  • Cash Flow: $138,000
  • Gross Revenue: $347,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 2015

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:2,500
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This laundromat is located on a busy street and surrounded by apartments. Street parking is available. Inside is well-kept and contains 82 machines, featuring 40 washers and 42 dryers, and Dexter coin machines.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

Customers can choose from dry cleaning and drop off services. Laundromat offers a full line of detergent to fit customers’ needs.

Opportunities and Growth:

Building contains 2,500 SQ FT and has a 7-year lease with a 5-year option. Owner helps part time and operates with two employees. Laundromat has been owned for seven years but has been in the location for decades.