Prime Laundromat Location • Water Included in Rent!

Tucker, GA
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Asking Price:$229,000
Gross Revenue:$100,000
Cash Flow:$60,000
Rent:$2,600/Month
BUSINESS DESCRIPTION

Owner absentee laundromat with upward sales trend. Current owner has done amazing work in growing the business and setting up the laundromat for a hands off owner. Machines/assets average in age from new to approx. 12 years old in excellent working condition. Owner has made many improvements and upgrades to the store including: New 80lbs Touch Screen Washers, New Bill Changer, New Commercial Water Heater and Water Pump, Automatic Door Locks, Interior and Exterior Signage, Construction of Attendant Area/Office, New Surveillance System, POS System and more! Laundromat was purchased as a long term investment, however, must sell as seller is upgrading to a larger facility. 1 attendant runs the day to day operation of the business with seller spending minimal time at the laundromat once or twice a week. Store runs attended and unattended as self-service. Sales have continuously been increasing under the current ownership. Store has tremendous growth opportunity, especially for a hands own owner operator. The laundromat is well known in the community, excellent customer reviews, and large demand for wash and fold and pick-up and delivery service. The Laundromat is 1500 sq ft with rent of $2,600 per month which includes up to $800 credit towards the water bill each month.

Contact the agent for additional information.


DETAILED INFORMATION
Location
Tucker, GA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Employees
1
Support & Training
2 weeks
Reason for Selling
New Business Opportunity
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Arianna
Pujals
Main Source Realty
Arianna Pujals