Price Drop! St. Paul Laundromat for Sale

Saint Paul, MN (Ramsey County)

Price Drop!  St. Paul Laundromat for Sale
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Asking Price: $399,000

Cash Flow: N/A

Gross Revenue: $180,000



Inventory: N/A

Established: N/A

Price Drop! St. Paul Laundromat for Sale

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Business Description

Motivated Seller! This listing is a Laundromat based in the East Metro. The equipment varies in age. The bearings have been replaced on the older washers and the high capacity equipment is newer. An independent estimate to rebuild the location was performed and is well over the asking price. This Laundromat is being run mostly unattended, with automatic locks for opening and closing.

Detailed Information

Saint Paul, MN
The business operates in a 3,233 square foot location with a monthly lease of $4,700, which includes Water and CAM. A full equipment list is available. The leasehold improvements are estimated to be at $292,000 plus a one- time sewer and water access fee of $73,000. Both of these expenses have already been absorbed by the previous owners.
Reason for Selling:
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Mac Thelen

Business Listed By:
Mac Thelen

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Sponsoring Broker:
Thomas Green

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