HSC - Established Coin Operated Laundry For Sale

Carver County, MN
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Asking Price:$750,000
Gross Revenue:$522,346
Cash Flow:$123,970
Established Year:2000
BUSINESS DESCRIPTION

High Volume Coin Laundry

This business is an established residential and commercial coin operated and laundry business located in the SW metro area. Selling business only. This business has wash, dry and fold service as well as an established delivery service route with drop-off and pickup service. Additional services include dry cleaning service through a local vendor. The business is well known in the area for its cleanliness and excellent customer service. Sellers have owned and operated the business for over 25 years and have continually updated equipment. Sellers take pride in the business they have built. Business includes clients and customers that reach many of the local communities. There is a good blend of residential business and commercial accounts. There is ample opportunity to grow by adding additional accounts within the existing infrastructure. Sellers have signed multiple option long-term lease options that would be transferable with new owners. Sellers are looking to pass this business on to the right person or family to carry on their business plan into the future.


DETAILED INFORMATION
Location
Carver County, MN
Inventory
Not Included in asking price
Employees
11
Facilities
2718 sq foot facility. Located on major highway in SW Metro area.
Competition
Sales have grown over $118k in the last 3 years.
Growth & Expansion
Unlimited potential.
Financing
Buyers will need to provide lender financial letter to purchase business.
Support & Training
Negotiable. Owners will provide some training during transition.
Reason for Selling
Retirement
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Todd
Maass
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Todd Maass