Laundromat For Sale

Business description

LAUNDROMAT: Located in a busy strip center next to a gas station and convenience store in a high traffic area. All equipment is in like – new condition including 10 Whirlpool top – loader washers, 12 Dexter front loader washers (6 35 – pound, 6- 25 – pound), 6 Dexter Double Stack Dryers and 8 single dryers, bill changer, soap vending machine, 4 - camera monitoring system, A.O. Smith natural gas hot water heater and alarm system. All electric panels, wiring and plumbing are new. Owner goes in twice a week (Tuesdays and Thursdays) to add soap to vending machine and pick up revenue. Business does not have a wash dry n fold or dry clean drop off. Tremendous upside potential for an owner – operator, especially if wash / dry / fold is added and the business is advertised. Lease is assumable without change in terms. Unlimited potential for owner operator with marketing plan. The business could be expanded by adding a dry clean drop off service and / or wash / dry / fold at minimal cost using current part – time employee. Several institutions in the area contract for wash / dry / fold service at $.95 to $1.25 / pound. It takes an hour to wash and dry 300 pounds. Located in Gainesville, Florida near ocean, beaches and resorts.

Property information

Real Estate:

Lease

Lease terms:

Lease Amount: $1,350 per month

Other information

Support & training:

Yes

Reasons for selling:

Other interests

Financing available:

No

Furniture / Fixtures value:

$190,000 (included in the asking price)

Inventory / Stock value:

$100 (included in the asking price)