Total of 18659 firms and businesses for sale today Wednesday 1st May 2024
Time to Sell or Time to Buy !

Business For Sale. Laundromat

LISTING DETAILS
Firms For Sale ID:
10944
Vendor reference:
808698
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$849,500  
Turnover / revenue:
$188,300
Net profit / cashflow:
$533,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Part Time Effort - Full Time Income21; We are pleased to announce the presale offering of a state-of-the-art Electronic Laundromat in Springfield Mass. This new 4,000 square foot mega laundromat will open on or before January 2007. It will feature 88 all new washers and dryers, all activated by debit cards, bill-to-bill changing machines, value transfer machines, vending machines and full online TV surveillance from any where in the world 24/7. This mega store is built by one of the largest Laundromat operators in the country and will offer a 20 year lease in a prime location with excellent demographics. Projected earnings for year 1 are 24;188,000 BEFORE debt service. Financing with 30%; down can be arranged by the developer for qualified individuals. This offering will be priced at 24;850,000. Typically this developer92;s electronic laundromats pre sell within 30 days. DON';T MISS OUT. Contact Scott M. Probst Executive Vice President at Sunbelt Business Sales (310) 874-1466 or Mary Sanchez (310) 539-8300.