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Turnkey Laundromat – 17 Years, Wash & Fold For Sale

Charlotte County, Florida, US
Asking Price:
$199,900 Furniture / Fixtures included
Sales Revenue:
$111,786
Cash Flow:
$43,679

Established Coin Laundry with Wash and Fold Service – 17 Years – Prime Charlotte County Location

Well established and consistently maintained self service laundromat located in a desirable Charlotte County community. Operating successfully for 17 years, this clean and organized facility features 17 washers and 8 dryers, including 7 stack units and 1 single dryer, all professionally maintained.

The business is situated in a standalone building on a busy thoroughfare and benefits from excellent visibility. Recent interior and exterior improvements have created a true turnkey opportunity for a new owner.

In addition to strong self service revenue, the business offers wash and fold services supported by a loyal base of repeat customers. A new owner could further increase revenue by introducing pickup and delivery services to expand market reach and recurring revenue.

Advertised financials assume an owner operator replacing the current wash and fold attendant. However, the business can also be operated as a mostly absentee investment, with the attendant in place at an approximate annual payroll cost of $23,000, while still maintaining an attractive return on investment.

Confidential sale. Execution of a Non Disclosure Agreement (NDA) is required for detailed financials and additional information.

NO SITE VISITS WITHOUT PRIOR ARRANGEMENT AS THE EMPLOYEE IS NOT AWARE OF THE SALE.


Listing # 924-01598

Property Information

Real Estate:

Lease

Lease Terms:

Rent: $2,317.00/month

Premises Details:

$25,000 Leasehold Included

Size in square feet:
1,700

Business Operation

Reasons for selling:

Other Business Interests

Employees:
1 PT
Years established:
17

Other Information

Support & training:

Weeks Training: 2 Cost: 0

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$100,000 down/ 36 payments of $3,056.83

Furniture / Fixtures value:
$150,000 - included in the asking price