Listing ID: 20918

Business Overview

Quaint laundromat nestled in a residential neighborhood.

Street parking is accessible. Laundromat is located off a busy thoroughfare.

Customers can choose free pick-up and delivery.

This is an established business serving the community for 13 years.

Building contains 2,697 SQ FT and features 31 washers and 31 dryers.

Equipment is well kept and ready for a new owner.

Part of the building is rented to a tenant which brings $2,700 per month in recurring revenue to the business.

This is a low overhead business as the owner only works part time alongside two others. Great recession-proof investment with lots of potential.

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: $1,799,000
  • Cash Flow: $264,000
  • Gross Revenue: $456,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:2,697
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Quaint laundromat nestled in a residential neighborhood. Street parking is accessible. Laundromat is located off a busy thoroughfare. Building contains 2,697 SQ FT and features 31 washers and 31 dryers.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

This is an established business serving the community for 13 years.

Opportunities and Growth:

Part of the building is rented to a tenant which brings $2,700 per month in recurring revenue to the business. This is a low overhead business as the owner only works part time alongside two others.