Laundromat

Atlanta, GA (Fulton County)

Laundromat
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Asking Price: $899,999

Cash Flow: $290,000

Gross Revenue: $440,000

EBITDA: N/A

FF&E: $500,000

Inventory: $6,000*

Rent: $1.05 /Month

Established: 2000

*not included in asking price.

Laundromat

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Business Description

This is a beautiful Laundromat in the Heart of Midtown, Atlanta. It was renovated 8 years ago with top of the line Speed Queen Machines, Granite counter tops and all Stainless Steel Tables. This place stays busy all day every day. The revenue increases every year by 10% to 13%. Rent is very low. If you want to own one of the best locations for a laundromat where no other laundromat can be built due to Midtown Bylaws. Owner looking to semi retire, in laundromat business for over 15 years.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Very Clean and Very comfortable
Competition:
Not much competition in area
Growth & Expansion:
Much room for growth, lots of commercial accounts to be had in Atlanta
Support & Training:
two weeks training at site and available by phone after that
Reason for Selling:
owner to semi retire and travel with family
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Business Listed By:
Marc

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