Laundromat w/Growing Wash & Fold | Multiple Revenue Streams
Listing Number: 21997-182661
Listing Details
- Down Payment: $525,000
- Sales: $622,723
- Seller's Discretionary Earnings: $167,342
- Inventory: $0
- Furniture, Fixtures, and Equipment: $0
- Rent: $3,400
- Employees: 7
- Year Established: 2017
- Reason for Selling: Other Business to Run
Business Description
- 3,000+ sf laundromat for sale with multiple revenue streams in place
- Features a growing wash & fold operation driven by a contractual relationship and continued growth tailwinds
- Relatively passive operation; current owner involvement is under 10 hours/week
- Business is supported by a small, experienced staff
- Opportunity to continue growing the business by expanding commercial accounts and focusing on adjacent services
- Financials are maintained by an accountant, with revenue sources and expenses clearly broken out (to be provided during due diligence)
- Some equipment is less than 2 years old, other equipment is well maintained by a third party
Click "Send Message" for more information. Buyers must sign a non-disclosure agreement (NDA) and fill out a buyer profile to receive a CIM on this listing.