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Listed by:

Transworld Business Advisors Phoenix

30+ Year PHX Laundromat | Low Rent For Sale

Phoenix, Arizona, US
Asking Price:
$200,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$119,882
Cash Flow:
$63,665

THIS LISTING IS CURRENTLY UNDER CONTRACT AND EXPECTED TO CLOSE SOON.

Turnkey opportunity in a high-demand with significant untapped upside potential and seller financing available.


Family-owned & operated for over 30 years in a desirable, high-traffic location

Immediate opportunity to raise prices, add wash & fold and delivery services, extend operating hours

Seller willing to entertain seller financing offers with a sizeable cash down payment at closing

Seller currently works just 8-10 hours/week, primarily opening/closing, light cleaning, minor equipment repair

Seller is retiring and is willing to train the buyer on operations

Cosmetic upgrades completed in 2021 to refresh the interior

Formal P&Ls are not available. Sales figures derived from cash deposits; SDE is calculated by deducting electric, water, gas, rent, insurance, and parts & supplies

Transaction does not qualify for SBA financing; listing broker can refer buyers to non-SBA lenders for financing assistance

Buyers must complete an NDA and buyer profile to receive additional information

Buyers may request diligence items after submitting proof of funds and seller's acceptance of an offer

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement

Years established:
1995

Other Information

Furniture / Fixtures value:
$55,000 - included in the asking price

Listed by

Transworld Business Advisors Phoenix