Brand New 2024 Washers! Hybrid Laundromat - Absentee Owner
Asking Price: | $500,000 |
Rent: | $2,936/Month |
3,000 sq. ft. Laundromat Retooled and updated in 2024! Brand New Huebsch washers with cashless payment option and remote access for owner to keep track of revenue anywhere at anytime. Business is on an upward trend after new equipment install - Most current gross sales of $13K – Net Income of $5k+ plus $2K in COAM commission to absentee owner with 2 Part Time employees before equipment loan payment – Revenue and Income continuously growing. Approx. $400K outstanding equipment loan balance assumable (terms and rate will be determined upon buyer’s credit application). This location offers Wash/Dry/Fold Service and over the counter sales. A large investment went into upgrading and updating the store. Always clean, big capacity washers and dryers, great attendants, 4.6 stars on google. MUST SEE!
Price of $500k includes equipment loan payment balance of approx. $400K.
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