Business Summary:
Personal Services (Coin-Operated Laundries): This 2200 sq. ft. laundromat does $31,000 a year in sales. It has been at this location for over 30 years. The owner’s profit is $16,000 a year. The beautiful, brick building is included in the sale. It sits on a corner and has plenty of parking. Sales and profit can easily be increased by staying open later than 10 PM, adding an ATM, adding a snack machine, adding arcade games, adding security cameras, adding a TV that customers can watch, adding chairs so customers can sit down, and by adding a sign to the building. This laundromat has not had a sign in 10 years! This is absentee owned. The building has automatic locks to open and close the store. There are automatic lights that come on and off. The population is 2000 people and there is no competition. There are 28 washers, 13 dryers, 1 change machine, and 1 soap machine. All equipment is in great condition. The rubber roof is newer and the water heater is newer. This is an outstanding deal. You won’t find a deal like this for a long time.
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