Business Summary:
Absentee laundromat recently completely renovated, renovation finished February 2019 After just a few months they’re already doing over 25k a month. This laundromat is located in a very Affluent town and there is huge upside for wash & fold as well as adding a pick up and delivery service. 28 dryers 25 washers all manufactured by huebsch. Numbers are increasing every month store can conservatively do 25k-30K a month once fully established numbers on pnl reflect a projection based on the last 6 months of actual figures. 22 year lease 41% self-service 48% wash n fold & dry cleaning/vending 11%. Seller financing available. New AC unit installed Oct 2019
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Year
Business was Established: 20 |
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Number of Employees:
2ft/1pt |
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Facilities / Terms of Lease:
Plenty of parking, 24 year lease, 20 washers brand new, 8 stack dryers, and 1 washer is 10yr old. |
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Potential
Growth/Expansion:
Very affluent area huge potential to grow wash & fold business |
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Competition:
Very little competition area |
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Owner
willing to train:
Seller will stay on to train new buyer |
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Reason for selling:
Seller looking to relocate near his home. |
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Seller Reference Number: 6391db
BusinessMart.com Listing Number: 243504 |
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