Listing ID: 4063

Business Overview

This laundromat sits in a high-traffic shopping plaza at the corner of an intersection. The plaza has two entrances, one from a busy throughfare, and the other from a side street leading to a large neighborhood. Signage advertising the laundromat can be seen from both streets. A paved parking lot is offered to customers. Laundromat features Wascomat machines with 36 washers and 31 dryers. Machines are brand new and include a card system for payment. Customers can choose a convenient drop-off service. Over $1M has been invested into the buildout of this business. Building contains 2,700 SQ FT with a full basement. Business is running on a 15-year lease with two 5-year options. Laundromat is currently ran absentee. Financing is available with 30-40% down. This is an amazing opportunity to enter a turn-key operation that is high profit with low overhead.
 

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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.

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Financial

  • Asking Price: $950,000
  • Cash Flow: $100,000
  • Gross Revenue: $432,000
  • 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:2,700
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This laundromat sits in a high-traffic shopping plaza at the corner of an intersection. The plaza has two entrances, one from a busy throughfare, and the other from a side street leading to a large neighborhood.

Is Support & Training Included:

Yes

Purpose For Selling:

Owner is pursuing other interests.

Competition:

Laundromat features Wascomat machines with 36 washers and 31 dryers. Machines are brand new and include a card system for payment. Customers can choose a convenient drop-off service.

Opportunities and Growth:

Over $1M has been invested into the buildout of this business. Building contains 2,700 SQ FT with a full basement. Business is running on a 15-year lease with two 5-year options. Laundromat is currently ran absentee.