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Coin Op Laundry

VA

Coin Op Laundry
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Asking Price: Get Financing: $225,000

Cash Flow: $20,000

Gross Revenue: $115,000

EBITDA: N/A

FF&E: $100,000

Inventory: $6,000*

Lease Rate: $2,083 /Month

Established: 1970

*not included in asking price.

Coin Op Laundry

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Business Description

Turn-Key Coin Op Laundry with 40+ Years of history.

Established in the 70s, this well established Coin-Op Laundry has over 4 decades years of service to the local area.

With ample parking in a high-traffic strip center location, this coin laundry business benefits from a dense surrounding of residential and multi-family developments.

All equipment INCLUDED in asking price.

Ideal investment opportunity.

Contact FOUAD MOHIT for more information at (757) 724-1547 or fouad@sunbeltnetwork.com

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
12/31/2022
Employees:
1ft; 1pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
10 Year Lease Renewal Option
Reason for Selling:
Retirement
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(from currently available funds)
 
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Fouad Mohit

Business Listed By:
Fouad Mohit

Sunbelt Business Brokers of Hampton Road

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Sponsoring Broker:
SUNBELT HRVA

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