Profitable Absentee Owned Laundromat

Louisville, KY (Jefferson County)

Seller Financing Available
For more information about this business, contact FNBC at (866) 800-0990.
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Asking Price: $150,000

Cash Flow: $53,100

Gross Revenue: $99,000

EBITDA: N/A

FF&E: $472,000

Inventory: $100

Rent: $2,000 /Month

Established: 2017

Profitable Absentee Owned Laundromat

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Business Description

HUGE RETURN ON INVESTMENT!!! You will receive existing cash income stream with over $400K in existing improvements and assets! The hard work is done! This turnkey cash business is perfect for anyone who is looking to increase their income with little hassle. The business and machines are practically still new as is was fully remodeled only a few years ago.

Detailed Information

Location:
Louisville, KY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
The laundromat enjoys a large market territory free of other laundromat services near the area including apartments right behind the laundromat. The business supports the local community filling the need for accessible laundromat services.
Growth & Expansion:
The business could increase revenues with more aggressive marketing (online and print) and expanding and improving services. Increased awareness of wash-and-fold services or adding a delivery service/route are great ways to generate extra cash. Coin operated games also can generate extra cash while customers wait on their laundry.
Financing:
The owner would consider financing a portion of the purchase price under the right ci
Support & Training:
The owner will stay on for an adequate period to train insuring a smooth transition to the new owner.
Reason for Selling:
Relocation
Business Website:
http://www.fnbcusa.com
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Tom Buckley

Business Listed By:
Tom Buckley

FNBC Kansas City

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