Listing Number: 7101-590717
Description
Great opportunity for an investor looking for a return with minimal involvement. This commercial laundromat offers drop off service and self-service. Includes 34 washers, 18 dryer stacks and much more. Well-Known brands. Newer models and well-maintained equipment and facilities. Professionally run with good books and records. Manager is running day to day activities and seller is working no more than 5 hours per week on the business. Adjustment has been made for one full time owner operator as manager is paid $29,120 annually. The employees have been with the company for several years and turnover is minimal.
Listing Details
- Price: $ 619,000
- Down Payment: $619,000
- Sellers Discretionary Earnings: $ 169,113
- Total Sales: $ 403,767
- Location: Volusia County, Florida
- Inventory: $ 0
- FF&E: $ 200,000
- Employees: 3
- Year Established: 1992
- Reason for Selling: other interests
- Category: Cleaning/Clothing
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