Laundromat w/Apartments

Mountain Home, ID (Elmore County)

Laundromat w/Apartments

Asking Price:$239,000

Cash Flow:$19,000

Gross Revenue:$33,000

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Established:1996

Laundromat w/Apartments

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Business Description

The property is a well-known Laundromat with two Apartment Rentals upstairs. The Seller has recently updated all the equipment in the Laundry facility. This is a Great opportunity for someone who wants to live on site and grow their business.

Opened in 1996, this company serves the largest city in Elmore County, Mountain Home. With a population over 14,000 (2010 Census), and Mountain Home Air Force Base just 12 miles south of the city, the expansion opportunities are tremendous.

All Laundromat assets are included, plus Real Estate adjacent to Residential Neighborhoods and Downtown Mountain Home. This is a perfect business for income and investment.

Detailed Information

Employees:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large retail frontage space, Laundromat with apartments upstairs.
Competition:
Other Laundromats in Mountain Home.
Growth & Expansion:
With the excellent name recognition, one could expand all levels of service such as Dry Cleaning on Site Pressing, Full Service Laundry to name a few. With Proper Management along with some additional services this operation could be a cash cow.
Support & Training:
Seller will support and train a new owner.
Reason for Selling:
Owner has other commitments.

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William J. Laska

Business Listed By:
William J. Laska

Laska Company

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