| Asking Price |
$85,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$63,000 | Real Estate |
|
| Cash Flow |
$28,500 | Year Established | N/A |
| FF&E |
$50,000* | Employees | 0 |
* included in the asking price
** not included in the asking price
Well established coin and bundle laundry. Same owners over 16 years. Good bundle wash roll through and many regular customers. 2 large hospitals and large college close. Possible commercial accounts.
Facilities: No real estate. Everything else included in sale. 36 Maytag top loaders various ages. 1 30lb Maytag front loader. 24 dryer pockets. 9 Cook 30#, 5 Maytag 30#, 2 IDC 2 pocket 30#, 3 Maytag 2 pocket 15#. 2 Bosch on demand water heaters 3 years old, 1 Poloma on demand. 2 Hamilton 75g gas. 2 video, 1 pin ball, 8 R&B carts. Coin-op soap vender.
Competition: There are other laundries in the area, but they have spent so much on their build out, that they need to charge more for their services.
Growth/Expansion: The current owners are only open Fri., Sat., Sun., and Mon. 7:30am-9:00pm. So the other 3 days offer good expansion opportunities.
Financing: none
Support/Training: 2 weeks
Reason Selling: Retiring

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