Portland, Oregon Laundromat for Sale

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Asking Price:$200,000
Rent:$1,800/Month
BUSINESS DESCRIPTION

Self Service laundromat. Well maintained. Surrounded by large apartment complexes under construction. Renovation completed three years ago.
Landlord needs to approve lease transfer, will need very good credit and business history.


DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
01/03/2028
Facilities
18 Washers (all Huebsch) 10 Dryers (2 drums/dryer)(All Huebsch) 2 Coin Machines Soap/ Bleach/Dryer Sheet Vending Machine (Space for Mixed Use Vending Machine) Heat Pump (air heating and cooling) Portlands Oldest Continuously Operating Laundromat (Renovations competed 2022)
Growth & Expansion
Surrounded by apartment developments under construction. Project manager for entire block apartment complex across street states will be finished by end of August. Other large developments under construction within two blocks.
Support & Training
Negotiable
Reason for Selling
Retirement
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John Torrey
John Torrey