Semi Absentee Owner Money Maker Laundromat Bucks County For Sale

Business description

Semi-Absentee Owner Money Maker Laundromat! Well established Laundromat located in a very busy shopping center. 2,000 sq ft Laundromat well equipped with 5 Maytag 18lb. front loader washers, 20 Maytag 15lb. top loader washers, 2 Dexter 40lb. large front loader washers, 1 Wascomat 50lb. front loader washer, 2 Wascomat 60lb. large front loaders, 10 30lb. American dryers, and 5 double stack (10 dryers) Dexter 30lb. dryers. Semi-Absentee Owner! Doors open and close with automatic door openers/locks and no one needs to be there! Operated with minimal owner involvement! Wash and fold is a great add on here that the owner has not started! Dollar Tree 10,000 sq. ft. $1 dollar discount store opening next month next door! Close to both residential and commercial areas, perfect for someone looking to increase the business by advertising. Great opportunity to own a turn key business! Well established laundromat - lots of upside opportunity!

Property information

Real Estate:

Lease

Lease terms:

10 years

Leasehold rent:

$16 per sq ft per annum

Location:

Stip Center/Shopping Center Location

Premises details:

2,000 sq. ft. laundromat

Size in square feet:

2,000

Other information

Support & training:

Seller will stay to train new owner to insure a smooth transition

Reasons for selling:

Retirement

Trading hours:

5:30am - 10:30pm
7 days/week

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$100 (included in the asking price)