Pending Sale. Dry Cleaner and 2 Laundromats for Sale Spokane, WA

Spokane, WA (Spokane County)

Pending Sale. Dry Cleaner and 2 Laundromats for Sale Spokane, WA
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Asking Price: $300,000

Cash Flow: $97,990

Gross Revenue: $593,351

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $6,958.49 /Month

Established: 2017

Pending Sale. Dry Cleaner and 2 Laundromats for Sale Spokane, WA

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Business Description

Multiple locations, dry cleaning and coin operated laundromats. The coin operated laundromats have a drop off and pick up for dry cleaning which is done at the full service dry cleaner that is owned by the same owner. Opportunity to buy each individually or all three at a discounted price. Great opportunity for owner operator to make close to 6 figures per year or purchase and put manager in place and collect nice profits. Each store is strategically located in prime shopping center locations with heavy traffic. Great equipment packages for each store with a total combined value of well over half of the total amount to purchase this business. There's an opportunity to increase revenue with increased advertising dollars and expanded social media marketing as well as ad search marketing. Don't miss out on this excellent opportunity for a great source of passive income by putting management in place or operate yourself for maximum profits! Purchase all three locations for $300,000 or purchase each location individually.

Detailed Information

Location:
Spokane, WA
Real Estate:
Leased
Building SF:
5,420
Lease Expiration:
9/30/2023
Employees:
15
Facilities:
Property Features • Three Locations • Seller Training is Negotiable • High Equipment Value Included in Sale • Coin Op Laundry, Pick Up & Delivery, VIP Express, Fluff & Fold and Dry Cleaning Services • $559,479 Gross Sales for 2018 • $90,688.60 Cash Flow for 2018 All 3 Locations Sale Price: $300,000 South Hill Wash and Dry: 920 S Monroe St, Spokane WA: $120,000 Careful Cleaners: 1014 N Pines Rd, #104, Spokane Valley: $125,000 5 Mile Wash and Dry: 1920 W Francis Ave, Spokane WA: $110,000
Growth & Expansion:
Increase advertising to increase revenue.
Reason for Selling:
Other Business Interests
Business Website:
http://spokanecommercialbroker.com
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(from currently available funds)
 
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John Powers

Business Listed By:
John Powers - Business Broker

NAI Black Commercial Real Estate Service

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