Starter Laundromat

READ THIS COMPLETELY! PRICE IS FIRM!
This laundromat was bought by the current owner over a year ago to remodel, fix the equipment and increase the revenue and resell.
They have increased revenue and started fixing the machines that were down. There are still some machines that need to be repaired and they have the necessary parts available but just haven’t had the time to get them back online. The owner will continue to bring everything back online but will increase the price as they finish the projects.
This laundromat is located in a great “laundromat” neighborhood. If you don’t know what that means you should NOT get into the laundromat business. They have a regular local customer base that frequents the business . They offer wash, dry, fold services as well. Proof of funds needed before information is shared.
The price is NOT negotiable and is a cash sale. ( I do have a financing source if you have a 580+ credit score and have made $50K plus the last two years).

Total Sales: $141,000

Cash Flow: $46,700

FFE: $50,000

FFE Included: Yes

Year Established: 1980

Days & Hours of Operation: Mon-Sun 8:00am-8:30 pm

Owner Hours Per Week: 10

Managers: 0

Monthly Rent: $1,150

Square Footage: 1200

Reason For Sale:

Owner not available for time needed.

Training & Support:

Will train for two weeks