Profitable & Remodeled Laundromat with New Machines- Near Amesbury, MA

Amesbury, MA

Seller Financing Available

listing image
Asking Price:$350,000
Rent:$750
Cash Flow:$77,000
BUSINESS DESCRIPTION

Profitable laundromat that was fully remodeled 3 years ago,

Start of the art buildout with all the fine finishings you expect. This is a beautifully appointed store that is fully automated with systems and processes in place.

Machines are only 3 years old. 10 washers and 14 dryers.

Machines are equipped with card system that will allow for credit, loyalty or coins and give full reporting of revenue.

Seller runs a wash & fold program part time so store is partially attended. Seller only goes in when customers drop off laundry. 20 hours a week were built into expenses for a part-time attendant even though this expenses does not exist right now.

Camera system can be viewed from phone and store has locks and lights that can be operated from phone app,

Great rent at just $750 per month.

So much to see here and everything is done and ready to go... All you need to do is come in and take over.

Seller financing available for $150,000 at 6.5% for 10 years with $200,000 down payment


DETAILED INFORMATION
Location
Amesbury, MA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
750
Financing
Seller financing available for $150,000 at 6.5% for 10 years with $200,000 down payme
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John
M. Bedosky
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John M. Bedosky