Services - Drycleaning/Laundry | Services - Other Personal Services

Asking Price	$799,000	Inventory
Gross Income	$400,468	Real Estate
Cash Flow	$187,007	Year Established	2004
FF&E	$400,000*	Employees	4

* included in the asking price

** not included in the asking price

Great business for sale

Every so often a laundromat appears on the market with an extraordinary opportunity for a potential buyer. Current owner is not able to devote the proper amount of time to manage this business and maximize revenue. Professional job takes him away 2 wks. out of the month traveling. Established location is beautifully designed with t.v.'s throughout, full security system, tile on tile interior, excellent customer service orientation, immaculately clean, surrounded by apts. with additional ongoing construction projects in place, varied working class clientele with great demographics. Major shopping plaza with large, supermarket anchor store in addition to 10 + other business operations, vend prices: (18 lbs $2.50), (35lb. $4.00), (50lbs. $5.25), (80lbs. $7,25), (dryers 7 minutes .25). Laundromat has been approved by the landlord for adding the following services: postal boxes (approved by usps) , money orders, western union, bill pay, cigarettes and lottery. Currently offers notary and fax services.

Facilities: 4,000 sq. ft., 50 washers/54 dryers (continental/maytag)- all energy efficient, large parking lot, 5.6 yrs. old, 14 yrs. left on lease, hours of operation 7-10 7 days, rent $5,484, 3% increases per year

Growth/Expansion: Can open 24 hrs. friday/sat., add delivery services, solicit contracted commercial accounts, advertising

Financing: None

Support/Training: During the transition

Reason Selling: Other Interest