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Perfectly Located Laundry Mat Money Maker
Location: United States -> New Mexico -> Milan
Industry: Business Services > Laundry




Business Summary

High traffic great cash flow great location and established
customer being there for 15 years. No competition as it s the only
Laundromat in town!It has 70 total washers and dryers, all front loaders. The
laundromat pays for itself and then some. Very high annual sales
and great profit margin as it is easy to maintain cost-wise. It is
located on historic route 66 where traffic is heavy and we've
established a great clientele. This is a traditionally money making
business with an excellent cash flow and is a high traffic close
to shopping mall and apartment complexes and hotel on the main
strip of town. Owner is selling because he wants to relocate to a
warmer climate. All fixtures, furnishings and equipment are
included in the sale price.

Call BB James 334-303-1984


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $120,000
Cash Flow:   $76,750
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $200,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1998
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Training is available
Reason For Selling:  Owner Relocating

Photos

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Perfectly Located Laundry Mat Money Maker Photo 1




Print Listing Id: 700191148
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Also See: Franchise Opportunities > Franchise Resales > New Mexico Businesses For Sale > New Mexico Franchises For Sale > New Mexico Business Brokers



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