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Coin-operated Laundromat In North Las Vegas For Sale

North Las Vegas, Nevada, US
Asking Price:
$430,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$290,000
Cash Flow:
$74,000

Well-established coin-operated laundry with solid and reliable cash flow. Excellent opportunity for entrepreneurs who desire to enter into laundromat business or existing laundromat owner seeking to expand. The seller says revenue has increased year-over-year and with a new owner who can manage day-to-day operations and has a handyman fixer-upper skill set, revenue should soar.

A family member's death has to force the sale, as the seller moving out of state. Estimated gross sales of $290,000 annually with a net revenue of approximately $74,000. Proof of funds and non-disclosure agreement required prior to releasing confidential information.

Property Information

Real Estate:

Lease

Lease Terms:

Total monthly rent of $4,875

Premises Details:

This is a leased location of 3,000 square feet with a Total monthly rent of $4,875. Lease ends 4/2032 with One and 10-year options. Seller is active with 2 FT employees. Hours of operation are 6:30am – 10pm Sunday to Saturday. $750 in inventory and $200,000 in FF&E included in the asking Price. $50,000 made in leasehold improvements. Other Assets include vending machines and ATM machine are owned by the seller and is included in the sale.

Business Operation

Reasons for selling:

Family member death / Moving out of state as soon as possible.

Trading hours:

6:30am – 10pm Sunday to Saturday

Employees:
2 FT
Years established:
2

Other Information

Support & training:

14 days

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$750 - included in the asking price