Self Storage Redevelopment with Coin Laundry Business

Sheboygan, WI (Sheboygan County)

Self Storage Redevelopment with Coin Laundry Business

Asking Price:$750,000

Cash Flow:N/A

Gross Revenue:N/A




Real Estate:N/A


Self Storage Redevelopment with Coin Laundry Business

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Business Description

60,000 sqft building adjacent to laundromat

The 60,000 sqft building is structurally sound. It has all the amenities that a storage facility would require, freight elevator, handicap accessible restrooms and the building has sprinklers. We recently insulated the building and our energy costs are very minimal for the size of the building. There is a real shortage for storage with in Sheboygan as Menards recently closed the facility as they sold the property to Sam's Club. My architect also built our closest competitor and informs me that they are 100% occupied.

Location, location, location! The coin operated laundromat adjacent to the 60,000 sqft building is in a great location in the heart of Sheboygan. The location has been a laundromat for over 15 years with many long-time customers. Best of all, it has been remodelled throughout with new flooring, plumbing, paint, and a mixture of newer and older machines. The layout of the facility has also been optimized. Net profit has increased since the remodel and continues to increase with no additional marketing. We currently offer a drop-off laundry service as well. The facility boasts security cameras, new vending machines, new laundry carts, large flat screen TV and two smaller flat screen TVs, large folding tables, ample seating and plenty of parking. This laundromat business has two-part time employees, who are unaware of the pending sale. The business has an assignable commercial lease. The laundry business is a solid industry that is recession proof and here to stay. Opportunities like this don't come often so take advantage and get in now!

Detailed Information

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Business Listed By:
Stephen Hobbs

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