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Established Laundromat Under Contract

Gwinnett County, GA

Established Laundromat Under Contract
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Asking Price: $90,000

Cash Flow: $20,850

Gross Revenue: $67,912

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,141 /Month

Established: N/A

Established Laundromat Under Contract

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Business Description

Successful 24/7 Operation

Established Laundromat with Positive Cash Flow
This laundry has been a fixture in the neighborhood for decades. It has been run for the past 15+ years with minimal time investment from the current owners.
This is a great opportunity for a first-time investor. It can be run as-is from day one with positive cash flow. The new owner can also invest in new equipment and increase revenue. The business is currently run unattended with the owners as the only employees.
Located in a busy, high-traffic center: 50,000+ daily vehicle count, more than 10% population growth 2010-2018, 73% renter households.
Owners are ready to retire.
Two weeks of training and support are included in the asking price. Additional support is available for a fee.

Detailed Information

Location:
Gwinnett County, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,270
Lease Expiration:
N/A
Employees:
2
Support & Training:
Two weeks of training and support are included in the asking price. Additional support is available for a fee.
Reason for Selling:
Owners retiring
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Business Listed By:
M.S. Nolan

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