MergerPlace

Profitable: Modernized Coin Laundry

Providence, Rhode Island (Providence)


  • Asking Price: $450,000
  • Gross Income: $409,050
  • Cash Flow: $214,035
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #212260
  • Established: 2018
  • Employees: 2 F/T 3 P/T

Business Description

This HIGHLY successful business utilizes multiple revenue streams that create high, ongoing and reliable profits. The business operates in a 4200 square foot space which keeps overhead low and profits extremely high. We have brought real customer service and friendliness back to this industry. The other independently owned coin laundries just cannot compete with our “State of the Art” laundry facility.
DISTINGUISHING FACTORS INCLUDE:
- Top of the line “High Efficiency Machines Both Durable and Dependable”
- Passive Ownership Business – Full time attendants making minimum wage plus $1.00
- Multiple Revenue Streams – Wash, Dry, Fold, Coin Changer, Vending options and more…
- Best of the best surveillance and security measures
- Free Wi-Fi, spotlessly clean location, well light, well maintained
- Consistent demand, absolutely recession resistant business
- Nationally recognized company – Full Training and Ongoing Corporate Support will be included.
Contact Greg for detailed information.


Business Details

Primary Business Category: Services - Business
Location: Rhode Island
Metropolitan Area: Providence
County: Providence

Company Information

Year Established: 2018
Home Based: Yes
Franchise: Yes
Relocatable: No
Number of Employees: 2 F/T 3 P/T

Financial Information

Asking Price: $450,000
Gross Revenue: $409,050
Cash Flow: $214,035
Seller Financing Available: No

Property Information

Facilities:

Great location, contact for detailed information about this business.

Growth & expansion opportunities:

High demand, continual long-term growth business.

Competition:

Very popular name in the industry.

Reason for selling:

Contact for this information.

Support & Training:

Full training and support will be included.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Greg W.

DM Brokerage