Semi-Absentee Growing Market Laundromat

Price: $350,000

Location: Johnston County, NC

Industry: Laundromats and Coin Laundry

Listing ID: 16963651-NI

Listing Status: New

Description

Rare: Clean facility clean financials laundromat.

This semi-absentee business is a professional laundromat with over a decade of history and refreshed equipment. The facility is known for its cleanliness and wide range of services, including wash and fold, comforter cleaning, drop off dry cleaning, and commercial linen services. The market it serves is growing at an unprecedented rate, and has the socioeconomic attributes that a savvy laundromat buyer seeks with Section 8 housing and apartment complexes nearby...

The business already has a strong team in place and could become absentee with the right owner.

-Cash Flowing & Clean Books!
-Multiple Revenue Streams
-Owner Works 20 Hours/Week
-Updated Equipment that is Top of the Line
- High visibility from busy thoroughfares.

LISTING DETAILS

Down Payment: N/A

Total Sales: N/A

Cash Flow: $140,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: N/A

Operation

Year Established: 2012

Non-Owner Payroll: N/A

Employees: 2

Managers: 1

Location

Real Estate: N/A

Monthly Rent: $2,305

Square Footage: 1500

Summary

Facilities Information:

This laundromat locates in a retail shopping center that close to highway access and fast growing area of town.

Reason For Sale:

Relocation

Training & Support:

2 weeks with the seller

LISTING OWNER
There is no associated broker for this Listing.