$Seller Financing Available
| Asking Price |
$239,950 | Inventory |
|
|---|---|---|---|
| Gross Income |
$264,000 | Real Estate |
|
| Cash Flow |
$108,000 | Year Established | 1993 |
| FF&E |
N/A | Employees | 2 |
* included in the asking price
** not included in the asking price
Profitable attended Coin-Op Laundromat in North Seattle. Current owner works 32 hours per week. The rest is covered by employees. Additional income streams from Drop Off Laundry, Drop Off Dry Cleaning, and Mailbox Rentals.
Facilities: Free standing leased 3,150 sq. ft. building with plenty of off street parking. Located on high traffic North Seattle Street.
Competition: One of the busiest Laundries in Seattle. Very clean and well established.
Growth/Expansion: Laundromat is now sub-leasing the coffee stand to a barista for $750/mo. This will provide a $9,000/yr increase to the gross income figures that is not reflected in the current books.
Seller Financing Available: Yes
Financing: $100,000 down, 7% interest, $4000/month
Support/Training: Owners will provide Buyer with training of operation and maintenance of business.
Reason Selling: Health

Loren Cook
206-931-0213
Cornerstone Commercial Investment Properties
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