(LEE)otg Laundry 2017 NONE FRANCHISE $349,000 absentee owner

Providence, RI (Providence County)

Seller Financing Available
(LEE)otg Laundry 2017  NONE FRANCHISE $349,000 absentee owner
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Asking Price: $349,000

Cash Flow: N/A

Gross Revenue: $250,000


FF&E: $250,000

Inventory: N/A

Rent: $0.00

Established: 2017

(LEE)otg Laundry 2017 NONE FRANCHISE $349,000 absentee owner

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Business Description

This laundry was completely redone in 2017. Many new washers and dryers were install. Neighborhood shopping plaza near Brown University. The laundry is approximately 2200 s.f.> open 7 days the hours 7 am-7 pm. The leasehold improvement and equipment for this laundry will exceed the price we are currently asking for laundry being built new with no income. The laundry after one year as good income.

Equipment list: All Electroux washers and dryers are under factory warranty
2-Electrolux W5250S, 62lb. Washers,
8- Electrolux W5180S, 45lb. Washers
5- Electrolux W5130S, 30lb. Washers
9- Electrolux W585S, 20lb. Washers
1- Electrolux T5550, 67lb capacity Gas-Heated
Dryers forward and reverse cycles
2- Electrolux T5425,50lb capacity Gas-Heated
Stack Dryers, forward & reverse cycles .
9- Electrolux T5300s, 35lb capacity Gas-Heated
Stack Dryersforward & reverse cycles
24- Steel bases for washers
24- Crosslink Card for Electrolux Washer
23- Crosslink Card for Electrolux Dryers
1- Crosslink Card Reader Vendrite
1 - Vendrite Soap Dispenser
5 – Stainless Steel Folding Tables
1 – Touch Screen POS System (w/Touch Control Software)
1 – Epson Thermal Receipt Printer
1 – White Dry Cleaning Conveyor
1 – Hamilton Hot Water Heater
3 – Tables with Chairs
6 – Laundry Carts
1 – Counter
2 – Storage Racks

Attached Documents

Detailed Information

Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
They do pick-up and delivery and can expand this in the downtown area.
FiCan be avail. thru qualified buyers
Support & Training:
Will train new buyer in the daily operation of this business
Reason for Selling:
The owner is selling all of this laundry has other interest
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(from currently available funds)
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Ming Dong

Business Listed By:
Ming Dong

Lee Brokers

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