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Established coin-laundry in excellent location!

Greenville, South Carolina (Greenville County)

Services - Drycleaning/Laundry | Services - Other Miscellaneous services

Asking Price $250,000 Inventory $500* 
Gross Income $130,000 Real Estate $900,000** 
Cash Flow $45,000 Year Established 2001
FF&E $70,000* Employees 0

* included in the asking price

** not included in the asking price

This business is an all-around excellent choice for owner who wants to be absentee/part-time. Current owner spends very little time at this location. Owner also owns 3 other coin-laundries in the Greenville/Greer areas that are for sale (2 of them w/real estate for sale as well). This business is in the perfect location for a laundry. Lower-income demographics as well as much higher rental volume make for great sales volume. The building that houses the laundry is about 4800 sf with the laundry using the middle space around 2400 sf. There is a 1200 sf lease retail space on either side of the laundry and a self serve car wash bay in the rear of the lot. The laundry machines are in good working order.

Facilities: There are 25 washers and 25 dryers that are included in the sale. Of the 25 washers, there is an equal mix of single, double, triple and mega load washers for the convenience of the customers.

Competition: This business is in a very prime location, situated near the corner of 2 major roads in Greenville. It is located in area of Greenville that is below-average income level for the county as well as high volume rental community. Makes for excellent base of customers as well massive potential for growth.

Growth/Expansion: Wash and fold service could be added to attract more customers. Any type of personal or direct advertising to highlight this already thriving business would only serve to increase traffic to this business.

Support/Training: Seller will train new owner for 2 weeks.

Reason Selling: Seller is moving out of state to manage other business.

Business For Sale By

Marcus Wondracek

864-907-2792

Keller Williams Realty

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Contact the seller about this Established coin-laundry in excellent location!

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