Profitable: Semi-Passive Investment - Modernized Coin Laundry

Providence, RI (Providence County)

Profitable: Semi-Passive Investment - Modernized Coin Laundry
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Asking Price: $450,000

Cash Flow: $214,032

Gross Revenue: $409,047

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2018

Profitable: Semi-Passive Investment - Modernized Coin Laundry

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Business Description

This HIGHLY successful business utilizes multiple revenue streams that create high, ongoing and reliable profits. The business operates in a 4200 square foot space which keeps overhead low and profits extremely high. We have brought real customer service and friendliness back to this industry. The other independently owned coin laundries just cannot compete with our “State of the Art” laundry facility.
DISTINGUISHING FACTORS INCLUDE:
- Top of the line “High Efficiency Machines Both Durable and Dependable”
- Passive Ownership Business – Full time attendants making minimum wage plus $1.00
- Multiple Revenue Streams – Wash, Dry, Fold, Coin Changer, Vending options and more…
- Best of the best surveillance and security measures
- Free Wi-Fi, spotlessly clean location, well light, well maintained
- Consistent demand, absolutely recession resistant business
- Nationally recognized company – Full Training and Ongoing Corporate Support will be included.
Contact Greg for detailed information.

Detailed Information

Employees:
2 F/T 3 P/T
Facilities:
Great location, contact for detailed information about this business.
Competition:
Very popular name in the industry.
Growth & Expansion:
High demand allows for continual long-term growth of this business.
Financing:
Third party financing is available.
Support & Training:
Full training and support will be included.
Reason for Selling:
Contact for this information.
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Contact the Seller

(from currently available funds)
 
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John Thull

Business Listed By:
John Thull

jbt.co

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