| Asking Price |
$80,000 | Inventory |
$1,000* |
|---|---|---|---|
| Gross Income |
$102,541 | Real Estate |
|
| Cash Flow |
$50,619 | Year Established | 1990 |
| FF&E |
$40,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
27 washers, 19 dryers, consistent revenue. Good location, 3 years tax returns and QuickBooks reports are available, but do not show $33,800 cash paid annually to Seller s Mother-in-Law and one part-time employee. Someone is on-site an average of 40 45 hours per week. Large competiitor closed end of April. May gross income was $9,440, up $1,300 over average prior gross.
Facilities: 1,625 leased space
Financing: $30,000 / 4 years / 7%
Reason Selling: Family

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