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Profitable Coin Laundry - Only 5 years old

Newark, Delaware (New Castle County)

Services - Drycleaning/Laundry

Asking Price $370,000 Inventory Included** 
Gross Income $286,000 Real Estate  
Cash Flow $132,000 Year Established 2003
FF&E Included* Employees Owner + 1~2 PT

* included in the asking price

** not included in the asking price

Located in a only 6 year old shopping center, there is a lot of traffic in this area. Great view of the shop from street level. Machines are in great condition and the business can easily be run by 1 person. There are some game machines there. It is a very well established, 5 year old coin laundromat. Next door there is a supermarket that is not open yet, but when it opens, there will be economic growth in the area. Also, it is located on one of the busiest streets in Delaware. There is no competition in the area. Tailoring and wash/folding services. Seller has a beautiful home located 5 minutes from the laundromat that includes 1 acre of land if the buyer wants to purchase it. Personal financial statement required.

Facilities: 2,500sq ft. Shopping center parking lot.

Financing: Seller can provide some owner financing to qualified buyers.

Reason Selling: The owner is considering other businesses.

AD # 393771

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