SOLD! Coin Laundry
$80,000 down Terms
- Coin Laundry Net $62k to Absentee Owner
- Type: Commercial
- Style: Commercial "Coin Laundry for sale Business Only"
- Size: 1,800 sq. ft.
- Development Level: Built
- Year Built: 1987
Coin Laundry nets $65k to absentee owner
Business Only No Real Esatate
Cash Flow: $62,228
Furniture, Fixtures & Equipment: $70,000
Financing: $55k for 5 yrs at 6% payment of $1063.30
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.
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
The seller provides all data and financial information on the businesses or commercial property for sale for informational purposes only. The broker does not warrant the information and implores the buyer to seek the professional advice of a CPA and an Attorney of their choosing when purchasing any business or property. This offering by the seller is subject to change or withdrawal without notice.