Laundromat business for sale, New machines in 2022, High Traffic
Asking Price: | $780,000 |
EBITDA: | $114,828 |
Gross Revenue: | $333,833 |
Established Year: | 2022 |
High revenue laundromat located in Stanislaus County that is averaging $26,319.44 per month just from washers and dryers alone. Additional $1,500/month in vending and soap sales. laundromat is on a POS/Card System. Washers and dryers are all Speed Queens. located in a stand alone building corner location.
Established in 2022 with all new touch screen Speed Queen washers and dryers.
If you are looking to own your own business and have income coming in. whether adding this to your portfolio or keeping your current day job, this type of business will boost you financially for many years to come.
Average gross annual sales are $333,833.30
(315,833.30 Washer and Dryer revenue + $18,000 Vending/soap machine revenue)
Avg. Monthly Gross Revenue $27,819
Avg. Monthly Expenses:
Rent $6,300
Gas $2,200
Electricity $750
Water $1,700
Insurance $750
Maintenance $50
Employee $5,500
Cost of goods $1,000
Total Average Monthly Expenses: $18,250
Total Average Monthly Net: $9,569
Approx. Annual Net Revenue: $114,828
Seller provided all estimated sales and expenses, Broker is not responsible for any misrepresentations. Prospective buyers will have the opportunity to conduct their investigations during their due diligence process after an offer is made and accepted.
In order to receive location information buyer MUST sign an NDA and show proof of funds, NO EXCEPTIONS!!!. If you are unable to download the NDA from the listing email your proof of funds to Myagentsalim@gmail.com and I will provide one for you to sign. Equipment Financing is available for new laundromat owners at 40% down and existing laundromat owners at 35% down minimum.