Buy a Business

Coin Laundry For Sale

Details: Asking price:$95,000; Sales revenue:$120,000; Net profit:$25,000; Fixtures value:$80,000; Inventory value:$2,000

Business description: Established laundromat fully equipped with 40 washers/ 24 dryers. The business includes 2 x 50lb front loaders, 6 x 30lb front loaders, 12 x 18lb front loaders & 20 top loaders. All vending (candy, calling card, pay phone & game ball) machines are seller owned and included in purchase price.

General information: Years established:13; Employees: 1 PT; Trading hours: Mon-Fri 6:30 am to 10 pm; Real Estate:; Lease terms:Base Mon. Rental: $ 4,010 Lease Exp. Date: 2011 Options: n/a Security Deposit: $ 8,020; Support & training:Seller will provide training for 2 weeks at 20 hours per week following close of escrow, included in the purchase price.; Reasons for selling:Relocating; Financing available?Seller will carry balance of $ 20,000 including 8 % interest on unpaid balance for 24 months.