Services - Drycleaning/Laundry

Asking Price	$179,000	Inventory
Gross Income	$287,147	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	$150,000*	Employees	4

* included in the asking price

** not included in the asking price

This is a full service laundromat with coin op machines, wash and fold service, dry cleaning and service to the medical community and schools. The business has been and is profitable and the owner is looking to retire. The replacement value of the equipment would be over 300,000. The income is good but can also be improved

Facilities: Full service laundromat includes 30 washers, 19 dryers, Columbia dry cleaner, steam pressers, drapery pleaters, steam boiler, compressors, all of the items required to operate a laundromat plus the neccessary office equipment, computers etc. The main building is 2600 sq ft with a drive up window and located on the perimeter parking area of a mall. Second location at a regional grocery store and is a drop off and pick up center.

Competition: There are currently three other laundromats and one laundry service in the Pocatello area. One is self serve, two are have attendants and the laundry is a drop off service.

Growth/Expansion: The business has been located at these locations for 20+ years and there are inexpensive improvements that can be made that would attract new customers. The seller has not been out soliciting new accounts and there is room for improvement and expansion wiht the medical communities laundry and motel services.

Financing: Seller may look at an owner financing with 35%+ down and acceptable credit

Support/Training: Seller will train new owner and introduce new owner to commercial accounts.

Reason Selling: Seller iwishes to retire.