Great Starter Laundromat

This is great laundromat for someone looking to break into the laundromat market at a very affordable price point. Located on the corner of two busy streets , in an area with high visibility and is conducive to laundromat customers.
Laundromat needs some upgrades but would be a great way to build equity while enjoy the benefits of being your own boss and building a recurring revenue stream in a business that was deemed a necessary business during the pandemic. Also, Laundromats have one of the highest success rates of all businesses.
Being an “all-cash” business, traditional bank financing is not available, however we have a non collateralized lender who may finance the purchase with their
in house funding program with approved terms and credit of individual.
Any potential buyers will have to be prequalified, have proof of funds or a letter of credit before information packet will be sent.

Down Payment: $125,000

Cash Flow: $30,171

Accounts Receivable: N/A

FFE: $113,460

FFE Included: Yes

Inventory: $2,300

Inventory Included: Yes

Year Established: 2018

Days & Hours of Operation: 24 Hours

Managers: 0

Real Estate Included: No

Monthly Rent: $4,796

Square Footage: 1450

Reason For Sale:

Other business interests.

Training & Support:

10 Days @ 0 Cost.

Financing/Terms:

Non collateralized lender may finance with approved terms and credit depending on individual.