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New Electronic Laundromat w/ dense urban population

Rhode Island (Providence County)

Services - Drycleaning/Laundry | Retail - Miscellaneous Retail

Asking Price $599,000 Inventory $5,000** 
Gross Income $312,000 Real Estate  
Cash Flow Not Disclosed Year Established 2008
FF&E $30,000* Employees 1ft & 3pt

* included in the asking price

** not included in the asking price

New Super Sized 3,351sf Laundromat in new National tenant anchored shopping center. All new laundry equipment carries the manufacturer's five year warranty. The store is located in the dense Providence demographics, within a new shopping center. This is a solid urban population area of mostly renters. (lots of multi-families) The center has over 100 parking spaces at your front door & right at a very busy intersection. This new turn-key Laundromat includes: > Long Term Lease > Interior Build-out: Includes all new plumbing, Sewer, Electrical and gas custom designed for laundry > All Equipment: Latest State of the Art commercial washers and dryers, VTM money machines, POS register, Security Systems, etc. > Additional Assets: TV s & security DVR system, tables, chairs, fit-up, phones, plants, decorations, mops, buckets, barrels, store supplies, floor mats, game & vending area + interior and exterior building signage package, including neon signage. >All laundry equipment Plus Turn Key store delivered under new warranty.

Facilities: Brand new 3,351sf Laundromat in a new Neighborhood retail shopping center. All new infrastructure, utilities and high efficiency Hamilton boiler. Very busy center on main road at busy intersection.

Competition: Over 73,000 customers in two miles and no serious competition. Excellent front door parking for your customers is Very important. Center is new and business is booming!

Growth/Expansion: Adding dry-cleaning & commercial business will immediately increase your profit. Business is still adding volume every week. With room to grow.

Support/Training: : Seller will provide training

Reason Selling: Other investments

Business For Sale By

Jeff

781-718-6943

Steuart Real Estate

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