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Laundromat And Smoke Shop, Property Included For Sale

Oklahoma County, Oklahoma, US
Asking Price:
$1,100,000 Furniture / Fixtures included
Sales Revenue:
$462,000
Cash Flow:
$150,000

HS Listing ID-66873

Asking Price : 1,100,000 Negotiable

Laundromat Gross Revenue (monthly) – 17,000

Laundromat Net Income – (monthly) – 8,500

Smoke Shop Gross Revenue (monthly) – 21,500

Smoke Shop Net Income (monthly) – 4,000

Total Net Income 2024 – ~150,000

Business Highlights:

Laundromat:

Hours: Sunday-Thurs: 7am-9pm

Friday-Sat: 7am-10pm

In business for 12 years

All machines are Dexter (except the 80lb washer is Maytag)

All machines are coin only

All machines were purchased 12 years ago

Software used : CENTS

Seller and his wife work this business full time (60 hours total)

Wash and Fold is approx 17% of revenue

Does not offer delivery/pick up

Smoke Shop:

Hours: 8am-9pm 7 days a week

1 Employee (55hrs @ $10pr hr)

Vapes, Ecigs, Tobacco, Candy, Drinks, T Shirts, Hookahs, Cigarettes, Lottery, etc

*Property taxes are 7,000 per year

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Real Property Included

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.