Services - Drycleaning/Laundry | Retail - Vending Machines

$Seller Financing Available

Asking Price	$138,000	Inventory
Gross Income	$117,000	Real Estate
Cash Flow	$45,000	Year Established	1985
FF&E	$95,000*	Employees	1

* included in the asking price

** not included in the asking price

Two fantastic companion laundromats minutes apart have a strong hold on this section of Charleston.Both are surrounded by apartment communities and rental homes in high traffic areas. Each location is equipped with high quality washer and dryers (Dexter&Huebsch). Impact fees provide a barrier to entry for any new competition. Laundromats are very popular being the most absentee of all businesses requiring as little as 10 hours a week of an owners time.An easy CASH BUSINESS to run with little or no employees and nominal Iventories to track.

Facilities: 2 clean,bright,safe,well-lighted, fully equiped and ready to go. Heat & AC, plenty of parking, washers, dryers,changers,carts

Competition: Two excellent locations in prime areas, safe surroundings. Laundromat facilities in the Tri-County are especially well spaced. CPW asseses significant IMPACT FEES on any new laundromat constuction, Existing laundromat impact fees are "grandfathered" and would convey to new owner.

Growth/Expansion: Coin operated laundromats are profitable simply providing a clean facility in good working order to the segment of the community that do not have washer or dryers at home, however more revenue can be generated by adding a drop-off fluff&fold service also commercial accounts can be solicited

Seller Financing Available: Yes

Financing: Seller may consider some owner financing for well qualified buyer

Support/Training: Seller will provide training/transition period

Reason Selling: Seller wishes to direct attention to other activities