(Lee) Laundromat

Middlesex County, MA

(Lee) Laundromat
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Asking Price: $299,000

Cash Flow: N/A

Gross Revenue: $240,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

(Lee) Laundromat

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Business Description

LOCATION: Laundromat in located in Middlesex County, west of Boston, Ma Completely turn-key operation with wash, fold and dry service on premise.

DESCRIPTION: The size of the laundry is approximately 3,500 s.f. with parking. There is additional public parking available also behind with no meters in evening and all day Sunday. This is a neighborhood shopping area. Laundromat was established in 1995. Current owner has owned it for 6 years Open7 days, Monday-Friday 7:00am -9:30pm weekends 7:00am-10:00pm. Employees:1full-time & 1 part-time, Payroll: $920/week

EQUIPMENT: 5 speed Queen #30 double stack dryers (10 pockets), 7 Huebsch double stack dryers (14 pockets) 3 years old, 4 Maytag top loaders,
4 Huebsch 18# washers only 3 years old, 3 Wascomat 65# W655 washers 5 years old, 1 Huebsch #60 washer 3 years old, 1 Speed Queen 20# washer 1 year old,3 New Speed Queen 20# 3 speed quuen washer washer, 5 NEW Huebsch 40 # washers, Hamilton or Burnham boiler, AO Smith hot water tank, 2 Hamilton bill changers, soap vending machine,10 blue 4’ folding tables, Cas digital scale, 12 laundry metal carts, safe, desk, tv, 16 camera with monitor.

PRICING: of service and machines: : wash/fold/dry $0.95per lb. top load washer $4.00, 40# front load $600, 50# front load $9.00 dry time is 6 minutes per quarter. *The laundry is subleasing some of the space to two tenants

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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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