Business Summary:
This is the laundromat you have been looking for! Located near apartment buildings and on a main road, this laundromat is a money maker! Monthly Payroll: 3000. Lease: 3360 + 460 CAM with 9 year lease. Utilities: Water is 5000/month, Gas is 4000/month, Electric is 1000/month, Other: 1000/month. Building Size: 3200 sq ft. 2 Employees. Store Hours: 7 to 10:30 7 days Machine sales: $29,000/month. Wash dry and fold service $4000/month. Soap and inventory $4000/month. Phone Cards Gross $8,000/month at 20% profit. Size of Building- 1,600 sq feet upstairs/1,600 sq feet storage downstairs Water Heater is only 3 years old! 1 Wall Mounted Change Machine w/ 2 bill changers Washers both Speed Queen and Wascomat/ Washers & Dryers all excellent condition, average age is 5 years old.
26 dryers. 16 of them are 7 years old Speed Queens. The remaining 10 dryers are 5 years old. They are also Speed Queens.
7, 20 lbs. Speed Queen Washers are 5 years old. 3 Speed Queen washers are 30 lbs. and they were purchased 3 years ago. 6, 30 lbs. washers are Washcomats, 10 years old. 2, 40 lbs Speed Queen washers are 3 years old. Water heater is only 2 years old. Water tank is 3 months old. Expansion tank was newly installed in 2008.
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