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Semi-Absentee Profitable Coin Op Laundromat
- Listing Id: 9788
- Broker Name: Gino DiGiallonardo
- Category: Dry Cleaners
- Asking Price: $199,000.00
- EBITDA: $120,000.00
- Real Estate: $650,000.00
- Cash Flow: $70,000.00
- Inventory: $1,200.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $195,000.00
- FF&E: $75,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Newport County
- State: RI
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Located in Newport County, RI, this profitable laundromat has multiple revenue streams. The current owner is semi absentee during the summer months and is absentee during the winter season.There are roughly 20 washer and 20 dryers in the laundromat and roughly half have been replaced within the last 5 years. All the older units are in great working order and are serviced regularly.
Financial Summary
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