Established Laundromat For Sale

Business description

This successful Laundromat sits on a very busy main street with numerous apartment buildings within walking distance and a fantastic customer base with no competition. Hours of operation are 7days per week 6:30 A.M.x10:00 P.M. A great opportunity for someone to purchase this turnkey operation, offered at a reasonable price, this business won?t last.

Property information

Location:

Laundromat consists of approx.1000 sq. ft with 20 washers,14 dryers, 2 cash machines and a soap dispenser. Bulk of machines are 8-10 yrs. Old. There is approx 8 yrs. Left on lease

Other information

Expansion potential:

There is great growth potential with the addition of wash and fold service and pick up/delivery service

Competition / Market:

Business has been operating here successfully for over 20 yrs.and is still growing with the recent closure of the only competition that was nearby

Support & training:

Owner will train as necessary

Reasons for selling:

Relocating

Financing available:

Prefers not to

Furniture / Fixtures value:

$65,000 (included in the asking price)

Inventory / Stock value:

$1,000