Self Service Laundromat Dry Cleaning Drop & Laundry Route For Sale

Business description

East Side Self Service Laundromat in close proximity to the Strip with Dry Cleaning drop off and a laundry route. The route services hotels as well as the greater Clark County area. There are 61 washers and 48 dryers. The washers and dryers operate on a card system. Also includes an ATM machine, vending machines and arcade games. This facility was built brand new from the ground up with all equipment only 3 years old. There is a 1099 equipment maintenance tech that is scheduled to service the equipment twice per week. There is also a full time assistant manager that can handle all of the day to day operations. The seller states the following: 1. That this is a spotless facility with all of top of the line equipment in excellent condition. 2. All preventative maintenance is scheduled in advance. 3. This is an ideal operation for a family or an existing laundromat owner looking to expand. The balance of the purchase price in the amount of $325,000 shall be amortized over ten (10) years with the balance due in five (5) years. Monthly payments shall be approx. $3,917/03. In the event that the buyer exercises an option to renew then the due date shall be extended to ten (10) years instead of five (5) years.

Property information

Real Estate:

Lease

Location:

Leased location of 3,974 square feet with a total rent of $6,206. Seller is active in business with 2 full time and 2 part time employees. $173,000 Leasehold Improvements. $3,000 Accounts Receivable Included.

Other information

Support & training:

30 days

Reasons for selling:

Seller lives in Florida

Trading hours:

7AM - 11PM, 7 days a week

Financing available:

Bal. amortized over 10yrs/8% interest due in 5yrs

Furniture / Fixtures value:

$468,000 (included in the asking price)

Inventory / Stock value:

$1,500 (included in the asking price)