Listing ID: 4063
2,700 SQ FT with Full Basement.
Inside a high traffic strip mall with parking, next to a very busy supermarket.
36 Washers 31 Dryers.
Strong lease 15 years plus (2) 5-year options.
6am-12 am business hours.
Brand new, high-quality card system machines with extremely high efficiency & low costs.
Fully absentee operation.
Gorgeous Turnkey operation, over $1m spent in the build-out.
Bank Financing available with 30-40% down.
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- Asking Price: $790,000
- Cash Flow: $110,000
- Gross Revenue: $390,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: N/A
- Property Owned or Leased:Lease
- Property Included:N/A
- Building Square Footage:2,700
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
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.
Owner is pursuing other interests.
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 10-year lease with 5-year option. Laundromat is currently ran absentee.