Established Laundromat with Prime Location and Growth Potential

Jacksonville, FL
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Asking Price:$179,000
Established Year:1994
Gross Revenue:$140,000
BUSINESS DESCRIPTION

Established Laundromat with Prime Location and Growth Potential – Ideal for Experienced Buyers.

This laundromat has been in operation for over 30 years, with the current owner running it for the past 12 years, in a prime location. The facility spans 3,000 sq. ft. and includes three bathrooms and one office. The current rent is $3,700 per month on a month-to-month basis, allowing the new owner the opportunity to negotiate a new lease with the landlord. The AC system was replaced 5 years ago.
This opportunity is best suited for a buyer familiar with the business and able to recognize its potential. If a buyer is unwilling to invest in necessary updates to machines, flooring, the boiler, and other items, this laundromat may not be the right fit.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
1
Facilities
3,000 Sqft, 3 baths, 1 office.
Competition
This laundromat is the largest in the area, offering a prime opportunity to invest in a profitable business with a strong foundation and great potential for future growth.
Growth & Expansion
The new owner can optimize business hours and enhance the space to create a more comfortable and inviting environment.
Financing
NA
Support & Training
Two weeks of hands-on training provided for a smooth transition.
Reason for Selling
Ready to pursue other ventures and explore new interests.
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June
Han
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June Han