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- RE: Modernized Coin Laundry - Profitable
- Contact: Daniel Hayes
Quick Facts
Asking Price: | $900,000 | |
Annual Revenue: | $409,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $212,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 2 | |
BBN Listing #: | 909151600 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This HIGHLY successful business utilizes multiple revenue streams that create high, ongoing and reliable profits. The business operates in a small 3,000 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.Full owner training and support will be included with this sale.Other Pluses:
- 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
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Market Competition and Expansion:
Competition is fragmented at best. Only Nationally Branded laundromat Franchise in US. Only Eco-Friendly Laundromat Franchise.Reason for Selling:
ExpansionAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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