| Asking Price |
$335,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$240,000 | Real Estate |
|
| Cash Flow |
$67,000 | Year Established | 1988 |
| FF&E |
N/A | Employees | 1 Part Time |
* included in the asking price
** not included in the asking price
This Is A Rare Opportunity To Own Two Of The Best Coin Laundries In The Nevada City/Grass Valley Area! The Purchase Price Includes Two Separate Coin Laundries That Are To Be Sold Together. Both Locations Are Professionally Maintained And Have Newer Equipment As Well! This Is An Excellent Opportunity To Have Steady Cash Flow (Coin Laundries Are Very Recession Resistant!) Even In This Economy! The Seller Is Retiring After Over 13 Years In The Business. Seller Will Provide Training To The New Owner. Contact: George Morgan, Agent, Dre#01001752. Broker: Best Laundry Brokers, Dre#01848441. Our Website Is: www.bestlaundrybrokers.com.
Facilities: There Are Two Separate Coin Laundries Included In The Asking Price. Each Laundry is Approximately 1,440 Sq. Ft. There Is A Total Of 65 Commercial Washers and Sixty 30# Drying Tumblers.
Competition: This Is A Very Steady Type Of Business That Rarely Sees Significant Variations In The Gross Income. The Competition Is Limited And It Is Extremely Unlikely That There Will Be Any Additional New Competition Due To The Extreme Cost To Build A New Coin Laundry In This Area.
Growth/Expansion: It Is Possible To Develop The Full Service Aspect Of This Type Of Business And Include Not Only Drop Off Laundry Services But Also Servicing Wholesale Accounts Such As Motels, Hotels, Health Clubs, Beauty Salons, Etc.
Support/Training: The Seller Will Provide Training To The Buyer To Familiarize The Buyer With All Aspects Of Owning And Operating This Business.
Reason Selling: The Seller Is Retiring After 12 Years Of Ownership.

George Morgan
530-559-5959
Best Laundry Brokers
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