HS Listing ID-70199
Annual Figures:
Gross Revenue: $450,000
Net Profit: $161,200
Rent: $126,600 ($10,050 a month)
Business Highlights:
Spacious 3,000 sq. ft. laundromat located on a high-visibility corner in a densely populated area with dedicated parking
Prime location near major universities and large apartment complexes, generating consistent customer traffic and strong repeat business
107 Continental machines (52 washers and 55 dryers), approximately 12 years old and well maintained
Modern ESD electronic payment system providing convenient customer payment options and efficient operations
Same owner for over 10 years, demonstrating stable operations and a well-established customer base
Flexible ownership model – currently owner-operated but easily convertible to a semi-absentee or fully staffed operation
Estimated net profit of approximately $161,200 annually, including projected staffing expenses
Strong lease in place with approximately 11 years remaining, providing long-term operational stability for a new owner
Reason for Sale: Owner is motivated to sell and retire after many successful years of operation
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2483986
