Services - Drycleaning/Laundry

Asking Price	$1,525,000	Inventory
Gross Income	Not Disclosed	Real Estate	$1,100,000*
Cash Flow	Not Disclosed	Year Established	1981
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Highlights Best Laundry Room Location in Stockton Property is Clean and Equipment in Good Repair Recession- Proof cash Business Single- Story Freestanding Retail Building Highly Desirable Retail Location with Excess land Excellent 1031 Opportunity Description This is a very well established business that was purchased by the current owner two years ago. Health reasons is forcing him to sell. The adjusted NOI for 2008 was $109K, but it should be in excess of $130K. Business opportunity and prime real estate. Excellent Investment, Cash Business, No Inventory or Receivables to worry about. Equipped with state of the art Electronic Cash Card Systems. Generously Equipped with the right mix of efficient washer and dryer sizes and models. Top performing Industrial Coin-Op Laundry Equipment (refer to attached list). Prime Real Location; single story free standing building, ample parking, ADA Compliant, Great Visibility and Signage.PLEASE DO NOT DISTURBE OCCUPANT AND BUSINESS. MUST CONTACT BROKER TO ARRANGE TOUR. Motivated Seller! Conveniently located near Hammer Lane, Eight Mile Road and March Lane. Highly desirable hight traffic retail laundromat location and abundant apartment buildings nearby. Please GOOGLE Map Location for a picture of the building!! Thank you

Attachments: Download additional information (PDF)

Facilities: Building Size: 3,827 SF Lot Size:28,314 SF

Competition: Excellent location on pacific ave, stockton

Growth/Expansion: Excess land could allow other retail uses

Reason Selling: Health Reasons