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Laundromat with Excellent Equipment and Great Location

  • Listing# : 16114
  • Listed Price : $99,500
  • Total Sales : $69,451
  • SIC : 7215
  • Down Payment : $99,500
  • Status : Active
  • Discretionary Earnings : $35,244

Business Type :

Cleaning / Coin Laundry

Business Description :

Operating over 20 Years!
Updated Equipment
Great Cash Flow
Good Location!

This Laundromat Business opportunity is located in a Great Location with Updated Equipment. Operating over 20 years, the business is located in an outdoor shopping mall in a major city in Hampton Roads with easy access. The complementing equipment is made up of 31 washers and 28 dryers. Most all of the equipment is less than five years old, and all of the equipment is in great mechanical condition. Most recently 10 dryers have been replaced with new units. The business is currently operated absentee and without employees which offers up a few options for a buyer, as they can maintain this arrangement or decide to enter the business full time. Full time involvement would allow for stricter control and in house repairs, which may reduce operating expense and increase income. The space itself is attractive and inviting as well as centrally located offering a consistent customer base. The current owner will assist a Buyer, offering a smooth transition plan as part of the agreement to purchase.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $85,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $85,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Cleaning