Listing ID: 23040

Business Overview

Busy laundromat facing a popular thoroughfare.

Laundromat is next-door to a grocery store and sees lots of foot traffic.

Business is walking distance from a residential neighborhood.

A paved parking lot is available in front of the store.

Business was completely renovated in 2018 and has machines only five years old.

Inside features 23 washers and 22 dryers all Dexter brand and stacked.

Building contains 1,000 SQ FT with 10 years left on the lease. Laundromat is open daily from 8am-8pm.

New owner could increase hours for additional revenue.

Business has been in the location since the 1980’s and is well established in the community.

Building has brand new security cameras and new central air and heat.

Pick-up and delivery services are not currently offered which could bring tremendous value if implemented.

This is a great opportunity to expand an established business 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 toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $265,000
  • Cash Flow: $36,000
  • Gross Revenue: $123,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 1980

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:1,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Busy laundromat facing a popular thoroughfare. Inside features 23 washers and 22 dryers all Dexter brand and stacked.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

Business has been in the location since the 1980’s and is well established in the community.

Opportunities and Growth:

New owner could increase hours for additional revenue.