Phoenix Laundromat – Established

Phoenix, AZ (Maricopa County)

Phoenix Laundromat – Established

Asking Price:$48,000

Cash Flow:$19,315

Gross Revenue:$114,592

EBITDA:N/A

FF&E:N/A

Inventory:$800

Rate/Sq. Ft.:$17.25

Established:N/A

Phoenix Laundromat – Established

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Business Description

This is an opportunity to purchase an established coin operated laundromat in a busy Phoenix shopping center. This business has been in its current location for many years. The business has a strong self-serve customer base. The business has excellent year to year gross income. The business is equipped with reliable and well cared for commercial laundry equipment. The business is also equipped with an automatic door locking and unlocking system. Included as well is a camera surveillance system that can be viewed remotely.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,100
Lease Expiration:
2/28/2025
Employees:
0
Facilities:
The business is located in a busy shopping center with several other businesses catering to the same customer demographic. The building is equipped with good signage and colorful window advertising. The laundry is well laid out with accessible isle space and a variety of equipment sizes.
Competition:
There are many benefits to owning a self-serve laundry store such as no accounts receivables, minimal inventory, and tax depreciation benefits. The self-serve Laundromat business is a mature and proven business model. The demand for clean clothing is not a luxury that can be eliminated by the customers when needed. Lower income households that are unable to purchase a washer and dryer, winter visitors, home owners and businesses rely on laundry stores services.
Support & Training:
Seller will work with buyer to ease ownership transition.
Reason for Selling:
Full time career and family demands.

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Mark Svancara

Business Listed By:
Mark Svancara

Small Business America (R) -West USA Rea

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Sponsoring Broker:
David Miller

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