Seller Financing Available

Asking Price:

$275,000

Gross Income:

$180,000

Cash Flow:

N/A

EBITDA:

N/A

FF&E:

$200,000.00 *

Inventory:

$1,000.00 **

Real Estate:

N/A

Year Established:

2003

Employees:

N/A

Business Type:

Drycleaning/Laundry Services

** not included in the asking price

* included in the asking price

Business Description

Long term lease (15 years). with 16 car parking lot. This location is in the heart of the shopping area, near post office on very busy main street. The Laundromat was built in 2003. The Laundromat has Wascomat machines considered the top of the line equipment: 2- 75# washers, 4- 55# washers, 6- 40# washers, 4- 20#washers, 5 Maytag top loaders, 14 tdl 30# stack dryers (28 pockets), 2 EVO hi efficiency boilers, 2- 119 water tanks, 2- 5 ton air conditioner units with remote access, 2 VTM ESD electronic card systems (with credit card), 8 camera monitoring system with remote monitoring. 12 slot soap dispenser, 6 fiberglass folding tables, 8 carts, digital scale, etc. Estimated gross sales $180000. Operating expenses: rent $24000, utilities $46,300, insurance $3,600, bank charges $2,600, security alarm $450, telephone, cell & internet $2,600.
This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information.

Detailed Information

Competition:

Not many inimmediate area with parking

Growth/Expansion:

Pick up customers

Financing:

To Qualified Buyer

Support/Training:

Will train new buyer

Reason Selling:

Relocation To Another State

Broker Information

Ming & (Kyung Hae Lee) Dong

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