HS Listing ID-67127
Pricing Breakdown:
Property Price: $1,450,000
Business Price: $700,000
Annual Figures:
Gross Revenue: $445,000
Net Profit: $164,799
Business & Property Highlights:
-Size: 4,000 sq ft stand-alone building
-Renovation: Fully remodeled in 2018 — only the roof, two walls, and foundation remain from the original structure
-Investment: Over $1 million invested into build-out
Equipment:
-118 High quality Electrolux Machines with ESD Card readers 60 Washers + 58 Dryers
-All equipment installed new in 2018
-Design: Bright, modern space with large glass windows and clean interior finishes
-Parking & Visibility: 22 assigned spaces with additional nearby parking available
-Located on a high-traffic corridor (~64,000 vehicles/day
Operations & Staffing: -Fully attended by a bilingual team
Manager earns $16/hour
Customer Base:
-Strong neighborhood loyalty
-Excellent online reputation (5-star Google reviews)
Concessions:
-Vending machine revenue nets approx. $300/month (25% share)
Ownership Options & Transition:
-Turnkey operation suitable for absentee ownership or owner-operator
-Owner is willing to provide comprehensive training and support
Lease & Real Estate Options
If leasing:
-Structure: 10-Year Triple Net (NNN) Lease
Rates:
-Years 1–3: $8,950/month
-Increases: CPI + 2% every 3 years
-Renewal: Two 5-year options
-Purchase Option: Fixed price buyout option available after 10 years
Real Estate:
-Seller financing may be available for the property (not the business)
-Zoned and fully upgraded utilities to support laundromat operations
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2399763
