Coin Laundry nets $65k to absentee owner
Business Only No Real Esatate
Financial Information
Asking: $135,000
Gross: $135,000
Cash Flow: $62,228
Furniture, Fixtures & Equipment: $70,000
Financing: $55k for 5 yrs at 6% payment of $1063.30

Summary Description
Absentee owned Coin Laundry, established 18 years located in anchored plaza. Extensive equipment list includes 18 top loaders, 18 dryers, 5 triple, 5 double, 2 @40 lbs and 1 @55 lb. washers. Snack & Soda vending and coin changers all included. Wash dry and fold handled by staff member with16 yr tenure. Seller works this location 2 days per week. Owner benefit assumes buyer will work location 2 days per week.
General Information
Facilities: 1800 sq ft in an anchored plaza. Extensive equipment list includes 18 top loaders, 18 dryers, 5 triple, 5 double, 2 @40 lbs and 1 @55 lb. washers. Snack & Soda vending and coin changers all included.
Competition: There are 2 other coin laundry businesses with a 5 mile radius, neither is in an ancored plaza or has parking.
Growth and Expansion: Established for 18 years and current absentee owner has had business for over 3 years, could add dry clean drop store, shoe repair drop off and other services.
Support/Training: Seller will train for one week at zero cost
Reason Selling: Seller owns other businesses in his hometown of Bradenton (40 miles away).
Year Established: 1987
Employees: 1