Services - Drycleaning/Laundry | Services - Other Miscellaneous services

Asking Price	$150,000	Inventory	$500*
Gross Income	$78,000	Real Estate	$850,000**
Cash Flow	$21,000	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. Seller 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. 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 2000+ sf lease retail space on one side of the laundry and a self serve car wash bay in the front of the lot. The laundry machines are in good working order.

Facilities: 20 + commercial washers and dryers. The washers evenly split up between single, double, triple and mega load washers. Several tables and vending machines for soap/dryer sheets.

Competition: This business is in an excellent, prime location within the Greenville area. The demographics suggest a several mile radius with the majority being lower-income households. There are many rental units and government housing close to the laundry. There is one other coin-laundry that is about 2 miles away, but it doesn't have the road presence/visibility or the well maintained look of this laundry.

Growth/Expansion: The owner does not spend any time expanding the business through advertising. This sales volume could easily increase by large margin with owner that spends some time doing either direct marketing or door-to-door marketing to create a personal touch with the residents of the area to create more loyalty and bring in more customers. Also, a wash/fold service could be added to enhance the convenience to the customers.

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

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