Listing ID: 72086
Business Overview
Prime Residential Location| Fully Refurbished Equipment | Strong Growth Upside
Asking: $200,000
Size: 1,500 Sq Ft (+ 1,500 Sq Ft Basement)
Investment Highlights
Prime residential location with a dense, walkable customer base, surrounded by apartment complexes
Approximately 1,500 sq. ft. of retail space, plus a full basement of equal size (~3,000 sq. ft. total footprint)
Semi-absentee operation with one full-time employee managing day-to-day operations
17 refurbished ISPO washers
20 refurbished Dexter dryers
Established wash-and-fold service already generating revenue
Major recent capital improvements:
New water system
New air conditioning
Professionally cleaned and serviced dryer vents
Lean, efficient operating model:
Rent: ~$5,000/month (includes taxes and gas) 10-year lease in place (plus 5-year renewal option)
Utilities (water, electric, Wi-Fi): ~$1,648/month
Payroll: one full-time employee, ~$2,720/month
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.
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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711
Financial
- Asking Price: $200,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: N/A
Detailed Information
- Property Owned or Leased:Lease
- Property Included:N/A
- Building Square Footage:3,000
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Other business interests.