Services - Drycleaning/Laundry

$Seller Financing Available

Asking Price	$29,500	Inventory	$200*
Gross Income	$45,473	Real Estate
Cash Flow	Not Disclosed	Year Established	1962
FF&E	$25,950*	Employees	1

* included in the asking price

** not included in the asking price

This well established coin laundry has been a fixture in this community for over 47 years. In addition to self-service washers and dryers, the business is a drop off site for dry cleaning and shirts, and it also offers a wash and fold service. The large rooms in the back of the space could easily accomodate another business, such as a tailor shop, etc. The owners are meticulous about the maintenance of their equipment, and all of it is in good working order. All of the top load washers have been replaced within the last four years, and the water heater and softner a few years before that.

Facilities: Leased space is 1,890 sq.ft. Front is Coin laundry equipment. Rear of space is for Dry cleaning storage, wash and fold, etc.

Competition: Only fully operational coin laundry in this South suburb of Minneapolis.

Growth/Expansion: There is currently expansion potential available to a qualified buyer.

Seller Financing Available: Yes

Financing: Seller will consider some fiancing with one-half down.

Support/Training: Owner will train qualified buyer as necessary.

Reason Selling: retirement