Listing ID: 36349
Business Overview
Asset Sale Description
– 1,600 SQ FT | 10-year lease plus 5-year option
– High traffic location close to hundreds of apartment buildings
– 4 full-time employees
– Extremely neglected by fully absentee owner, perfect opportunity for owner operator or family
– High payroll due to minimal owner involvement, owner operator can reduce payroll tremendously and profit $70k-$80k annually
– Established in this location for over 30 years
– 23 Washers
– 13 Dryers (3 years old)
– Owner is currently not doing any advertising
– Business Hours: Mon-Fri 8am-8pm, Sat & Sun 9am-6pm
– Selling due to being busy with other business
**SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR EXACT LOCATION**
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at chris.empirebusiness@gmail.com. Our buyers are already qualified and willing to invest their time and money towards a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
Financial
Seller Financing Available
- Asking Price: $119,000
- Cash Flow: N/A
- Gross Revenue: $192,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A