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Advert Ref: 40901731

Self Serve Coin Laundry In Marion County FL For Sale

Details: Asking price:$150,000; Sales revenue:$80,012; Net profit:$35,690; Fixtures value:$100,000; Inventory value:$2,000

Business description: Good mixture of front loaders and top load washers. Lease is month-to-month so buyer can negotiate own terms with landlord. Video machines are owned by third party who share revenues. Owner open to financing buyer. Owner replaced inefficient hot water tank with new on-demand system.

General information: Years established:20; Employees: 0; Trading hours: Early morning to mid evening; Real Estate: Lease; Lease terms:Current lease is $1,081 for approx 2,100 sq ft, month-to-month. Buyer to negotiate new lease with landlord. Seller will assist in negotiations as needed.; Location:S Marion County Florida, off SR 441; Expansion potential:Opportunity for aggressive owner to develop commercial accounts to improve numbers.; Competition / Market:Very nice coin laundry with steady customer base. Equipment is much nicer then nearest two competitors.; Support & training:40 hours, as needed. Simple business to operate. Need to have business license. Seller has outside service tech to maintain equipment.; Reasons for selling:Current owner lives over 50 miles away and wants to devote more time to their other business.; Financing available?Owner willing to finance qualified buyer. Contact agent for more information.