Turn-key and Profitable Laundromat!
Asking Price: | $280,000 |
Gross Revenue: | $150,000 |
Established Year: | 1990 |
Cash Flow: | $55,000 |
Rent: | $4,000/Month |
Hard to find laundromat business! This sale is for the business only and does NOT include the building. It does include all equipment to operate and is turn key on day one. There are 47 Dexter washers and dryers in total and are all 5-10yrs old. 20 of them have credit card readers installed less than one year ago through SpiderWash. Lease has approx 8 years remaining. Estimated gas $650/mo, electric $250/mo, water $650/mo, rent $4,000/mo. The total expenses are approximately $8k/month. Grosses approximately $2900+/wk. Seller will NOT hold financing and there are limited financials. For infrastructure expense reference… this Dexter equipment package ran about $400k brand new and the commercial build out (bulk heads, plumbing, electrical, etc) ran over $150k.