Listing ID: 35726

Business Overview

Business Highlights

Laundry business was established over 20 year ago. Average monthly income is about $11k . Expenses are about $2200. Monthly rent is $3700. Lease expires 2028. 19( Unimac and Speed Queen) washers of which 5 are brand new..20 Dexter dryers are two.5 years old. Business hours are M-F 7:30 to 10PM Sat and Sun 6:30 to 10PK. Electricity was recently updated. Refrigerator with drinks and snacks are included and is a TV , Coin change machine and folding tables, Basement is included in lease. Office and storage area in the rear. Potential to add dry cleaning drop shop and alterations. Location calls for opening commercial accounts with pick and delivery service. Next to D line station with lots of multiple dwellings residences. There is plenty of room for growth.

Financial

Seller Financing Available

  • Asking Price: $159,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A
Is Support & Training Included:

Refrigerator with drinks and snacks are included and is a TV , Coin change machine and folding tables, Basement is included in lease. Office and storage area in the rear. Potential to add dry cleaning drop shop and alterations. Location calls for opening commercial accounts with pick and delivery service.

Purpose For Selling:

Yes

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