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Advert Ref: 3533ls

Laundromat For Sale

Details: Asking price:$125,000; Sales revenue:$83,000; Net profit:$47,190; Fixtures value:$75,000; Inventory value:$400

Business description: Attractive, well maintained and steady business with regular customers in blue collar neighborhood. Presently operating absentee; $10,000 of payroll added back for owner-operated; equipment in good condition with recent renovation/upgrading. 18 washers and 14 dryers

General information: Years established:21; Employees: 1; Trading hours: 7am-10pm; Real Estate: Lease; Location:1200 sq ft, street parking, renovated equipment. Remodeled interior. 18 washers and 14 dryers.; Expansion potential:moderate vending; wash and fold.; Competition / Market:Steady business; 21 year history, regular customers, blue collar neighborhood, well maintained.; Support & training:2 weeks; Reasons for selling:other business interest; Financing available?n/a