Starter Laundromat

POSSIBLE OWNER FINANCING ON THIS BUSINESS WITH $150,OOO DOWN.
If you want to get started in the laundry business, here is a nice laundromat in a great laundromat neighborhood (without having to paying a per washer impact fee!)
It has 17 Wascomat washers and 22 dryers. There are two part time attendants that provide a thriving wash, dry, fold business.
There are some machines down but the owner is currently bringing them back online. They will consider an offer as is.

Down Payment: $210,000

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

Employees: 2

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

Financing/Terms:

Possible owner financing with $150,000 down