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Laundromat/Glendale - New Washers/Dryers, Seller Financing.

Glendale, AZ (Maricopa County)

Seller Financing Available
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Asking Price: $168,000

Cash Flow: $32,000

Gross Revenue: $109,250

EBITDA: N/A

FF&E: $419,000

Inventory: $500

Rent: $0.00

Established: 1993

Laundromat/Glendale - New Washers/Dryers, Seller Financing.

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Business Description

UNDER CONTRACT. Recently remodeled Laundromat For Sale, located in the very busy Glendale area.Seller will finance. Air Conditioned, Higher technology, Newer "Upper Line" Equipment, elaborate Revenue system accepts Coin, Visa, and loyalty Cards. Computer Equipped for easier owner operation. No expense spared in the Washers and Dryers. Strong Street Exposure. Laundry is the anchor tenant in this center. Priced at nearly 1/3 less than to build a new store! Low rent for this amount of square footage, approx 3,980 sq. ft.

Store opened originally in 1993.
Store has been recently reopened and growing steadily. Current store monthly gross approx $9,100, ( gross revenue annualized), with monthly expenses of approx $6,300 Owner operated, and only opened less than five months.

Detailed Information

Location:
Glendale, AZ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leases approx 3980 sq. ft. 10 Year lease.
Competition:
Average.
Growth & Expansion:
Yes, store recently reopened in a high volume demographic.
Financing:
Seller will finance. See Broker.
Support & Training:
Two weeks.
Reason for Selling:
Landlord Sale.
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Terry Tretta, PLLC

Business Listed By:
Terry Tretta, PLLC

American Realty Brokers

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