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Attended Coin-Laundry

Seattle, Washington (King County)

Services - Drycleaning/Laundry | Retail - Miscellaneous Retail

$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

Business For Sale By

Loren Cook

206-931-0213

Cornerstone Commercial Investment Properties

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