Description

Recently remodeled Laundromat with state of the art large capacity washer and dryers. The Seller has introduced innovative changes affording the business to achieve highest efficiency & profitability. Adding a new generation of programmable coin washers allows immediate price adjustments to maximize Profitability. Seller has recently upgraded equipment adding large capacity state of art utility efficient washers, increased dryer capacity and refurbished store. LEASE INCLUDES WATER! Absentee seller says, 2015 numbers are up! Gross sales are projected to be $180-$200,000 year-end. NET on MACHINES ONLY projected @ $110,000 by year end. Additional income is available to hands-on operator willing to work fluff & Fold, Vending machines and Dry Cleaning drop store. According to the Seller this income adds $40,000 to the $110,000 generated by machine income. "Priced to sell", the Seller will consider carrying modest financing to a qualified buyer. Or, consider a discount to the purchase price for an ALL CASH OFFER. Excellent opportunity for absentee ownership (seller's business model) or individual requiring additional cash flow as a daily owner-operator. Equipment includes: Washers: 5-60LB; 6-35LB; 2-20LB; 9- 18LB; 2-15LB; Dryers: 24-30LB

Financial Summary

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