Business Overview

TURNKEY COMMERCIAL LAUNDRY BUSSINESS AVAILABLE IN SOUTH COUNTY… $350,000.00 PLUS IN EQUIPMENT AND INVENTORY, 70-80 CLIENT BOOK OF BUSINESS, 4 EMPLOYEES, 4 DELIVER VANS… LOCATION, LEASE BACK AVAILABLE… THIS COMPANY IS READY FOR THE 2022 HOSPITALITY SEASON WITH OPERATIONS PRODUCING UP TO 5000 LBS OF FINISHED PRODUCT IN AN 8 HOUR SHIFT… SELLER WILL ASSIST BUYER WITH ON SITE TRANSITION… EASY SHOW!…

Financial

  • Asking Price: $275,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2012

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:2,400
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

TURNKEY COMMERCIAL LAUNDRY BUSSINESS AVAILABLE IN SOUTH COUNTY... $350,000.00 PLUS IN EQUIPMENT AND INVENTORY, 70-80 CLIENT BOOK OF BUSINESS, 4 EMPLOYEES, 4 DELIVER VANS... LOCATION, LEASE BACK AVAILABLE... THIS COMPANY IS READY FOR THE 2022 HOSPITALITY SEASON WITH OPERATIONS PRODUCING UP TO 5000 LBS OF FINISHED PRODUCT IN AN 8 HOUR SHIFT... SELLER WILL ASSIST BUYER WITH ON SITE TRANSITION... EASY SHOW!...

Is Support & Training Included:

SELLER WILL PROVIDE ON SITE TRANSITIONAL SUPPORT. LOCATION LEASE BACK OPPORTUNITY.

Purpose For Selling:

RETIREMENT

Pros and Cons:

WELL, ESTABLISHED TURNKEY OPERATION.

Opportunities and Growth:

MANY EXPANSIVE OPPORTUNITIES.

Additional Info

The business was established in 2012, making the business 10 years old.

The business has 4 employees and is situated in a building with approx. square footage of 2,400 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people resolve to sell operating businesses. Nevertheless, the true reason and the one they say to you may be 2 entirely different things. As an example, they may claim "I have way too many other commitments" or "I am retiring". For lots of sellers, these factors stand. However, for some, these may just be excuses to try to hide the reality of changing demographics, increased competition, recent reduction in earnings, or a range of other reasons. This is why it is really essential that you not rely completely on a vendor's word, however instead, utilize the seller's answer together with your overall due diligence. This will repaint a more practical picture of the business's present circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous operating businesses finance loans with the purpose of covering items like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can indicate that earnings margins are too thin. Lots of businesses come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that have to be satisfied or might cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location bring in brand-new clients? Many times, companies have repeat customers, which create the core of their everyday revenues. Particular elements such as brand-new competitors sprouting up around the location, road construction, and personnel turnover can influence repeat clients as well as negatively influence future profits. One important thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more people that see the business often, the greater the opportunity to develop a returning consumer base. A last idea is the basic area demographics. Is the business located in a largely inhabited city, or is it located on the edge of town? How might the neighborhood mean family income effect future earnings potential?