Business Summary:
This business is the jewel of its neighborhood. Located in a historic building (FOR SALE with the business), the pristine interior and equipment impress everyone who walks through the door. Maytag recommended that a Laundromat be built on the exact site based on demographic information. Maytag has also put together a marketing strategy that corporate reps would be happy to share with a new owner. The current owner, who oversaw the complete renovation of the property, has been unable to devote even minimal attention to marketing the business since opening due to other opportunities and responsibilities. However, given that the business is now profitable, a new owner’s advertising (again, aided by Maytag) would immediately produce more profit! With a minor investment up front, this low-contact business could quickly become a cash cow. Call BSC before someone else gets their hands on it!
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| Year
Business was Established: 2005 |
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| Number of Employees:
2FT/1PT |
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| Facilities / Terms of Lease:
REAL ESTATE INCLUDED: 13,000sq.ft. lot with ample parking, 5,500sq.ft. building completely remodeled and equipped for optimal performance as a laundromat. The new concrete floor, plumbing, ductwork, doors and finishing were all installed during the remodeling, all machines were brought in brand-new and even the parking lot was resurfaced. |
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| Potential
Growth/Expansion:
As it stands now, this business has barely realized ˝ of its potential. Due to numerous other opportunities and responsibilities, the current owner has done almost no marketing whatsoever for the business despite the urging and offering of support from Maytag. A minor investment of time and capital to better market this business, using materials and strategies laid out by Maytag, will produce huge returns. |
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| Competition:
This business is positioned on a site specifically recommended by Maytag as a prime location for a coin laundry, and has no competition in the neighborhood. The dense residential area surrounding it, as well as its proximity to several universities, provides huge opportunity for a new owner. Minimal marketing has drawn increasing numbers customers from the neighborhood, and will continue to do so. |
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| Owner
willing to finance:
Negotiable |
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| Owner
willing to train:
Negotiable |
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| Reason for selling:
Seller wants to pursue other opportunities. |
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Seller Reference Number: 347
BusinessMart.com Listing Number: 32483 |
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To request more information
on this business
please fill out the form shown right 
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