MergerPlace

Coin Laundromat for Sale

Virginia


  • Asking Price: $85,000
  • Gross Income: $75,000
  • Cash Flow: $12,700
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $75,000
  • Listing ID: #204812
  • Established: 2012
  • Employees: 1 FT/ 2 PT

Business Description

Operating since 2012 this laundromat delivers consistence performance with an established customer based. Located on a major roadway in a primary city in Hampton Roads the location has great visibility with easy access. The facility generates just under $6,500 per month with an operating expense base of approximately $4,000. Staffing costs are currently $2,000 per month but can be adjusted depending upon a buyer’s approach to operation. The current owner is absentee. The facility operates in 3000 square feet with 24 washers in varying sizes along with 24 dryers. This is a coin operation and very competitive. And the facility includes an alarm and camera monitoring system. The seller will provide training and a transition and for the right buyer will consider some level of financing.


Business Details

Primary Business Category: Services - Other Services
Location: Virginia

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/ 2 PT

Financial Information

Asking Price: $85,000
Gross Revenue: $75,000
Cash Flow: $12,700
FF&E: $75,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Support & Training:

Will train for 4 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers