Listing ID: 40187

Business Overview

Full-time manager in place running 99% of operations.

Location 1: 28 Washers of 3 sizes installed new in 2014, and 14 stacked dryers installed new in December 2018. New water heater installed March 2019. New Ice Machine installed April 2019

Location 2: 37 Washers of 3 sizes, 18 installed new in November 2016. 19 installed new in December 2018. 18 stacked dryers installed new December 2018. New water heater was installed October 2016. New Ice machine installed in April 2018.

Ironing service available in bigger location.

Wash & Fold service available at both locations.

Well Staffed, 10 experienced employees total between both locations.

Brand New Card System Installed.

Owner Would Finance 60% Down.

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

Seller Financing Available

  • Asking Price: $1,400,000
  • Cash Flow: $90,660
  • Gross Revenue: $357,338
  • 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: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:

Package Of Two Owner-Absentee Laundromats.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

Full-time manager in place running 99% of operations.

Opportunities and Growth:

Well Staffed, 10 experienced employees total between both locations.