Coin Laundromat For Sale

  • Listing# : 13786
  • Listed Price : $85,000
  • Total Sales : $75,000
  • SIC : 7215
  • Down Payment : $85,000
  • Status : Closed
  • Discretionary Earnings : $12,700

Business Type :

Cleaning / Coin Laundry

Business Description :

Operating since 2012 this laundromat delivers consistence performance with an established customer based. Located on a major roadway in a primary city in Hampton Roads the location has great visibility with easy access. The facility generates just under $6,500 per month with an operating expense base of approximately $4,000. Staffing costs are currently $2,000 per month but can be adjusted depending upon a buyer’s approach to operation. The current owner is absentee. The facility operates in 3000 square feet with 24 washers in varying sizes along with 24 dryers. This is a coin operation and very competitive. And the facility includes an alarm and camera monitoring system. The seller will provide training and a transition and for the right buyer will consider some level of financing.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $1,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $75,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $76,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Cleaning