
Description
2400 sq ft laundromat with 44 washers and 44 dryers. 3 different owners in the last 30 years. (not a lot of turn over) High walk in traffic location with loyal clientele. Steady income over the last 5 years. 3 full time employees and 1 part time employee.1 Employee per shift. Owner runs this business absentee and nets 25k a month in profit. New Card system was implemented in business two years ago so everything is verifiable to buyer. 60 percent self service and 40 percent wash and fold. Rent is 7500 a month. Located in a densely populated area. Currently 7 years left on lease but landlord is ok with giving an additional 10 years to a solid operator. Great pandemic proof business.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
2400 sq ft laundromat with 44 washers and 44 dryers. 3 different owners in the last 30 years. (not a lot of turn over) High walk in traffic location with loyal clientele. Steady income over the last 5 years. 3 full time employees and 1 part time employee.1 Employee per shift. Owner runs this business absentee and nets 25k a month in profit. New Card system was implemented in business two years ago so everything is verifiable to buyer. 60 percent self service and 40 percent wash and fold. Rent is 7500 a month. Located in a densely populated area. Currently 7 years left on lease but landlord is ok with giving an additional 10 years to a solid operator. Great pandemic proof business.
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