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Laundromat Grossing $270K - Owner Retiring
Location: United States -> Massachusetts -> MA / RI Line
Industry: Business Services > Laundry




Business Summary

Location: South of Boston coin op laundromat .The business is 23 years with the same ownership.. The present owner is going to retire and enjoy life. Excellent opportunity for a new buyer to purchase a real establish laundromat. . Hours: 7 -10pm for 7 days, The services provided are Wash & Dry and Fold, dry cleaning, self service coin op. Located in a shopping center with a supermarket, Dunkin Donuts, and two major retail businesses and several family operated businesses. Equipment: (28 washers) 1 Huebsch washer 50#,4 Speed Queen 40#, 3 Huebsch 35#, 2 Maytag 35#, 6 Huebsch 20#, 2 Speed Queen 20#, 4 Maytag Neptune 16#, 5 Maytag top load, (24 dryers) 2 Wascomat double stack (4 pockets) 10 American (20 pockets) 2 Bockcentrifuge, water heater, 2 hot water storage tanks, power converter, bill hanger, cash register, cold drink vending machine, candy and snack vending machine, soap vending machine, coin counter,folding tables, carts, chairs, etc.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $270,000
Cash Flow:   $90,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $100,000
Seller Financing:  No

About The Business

Year Established:  1986
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will train.
Reason For Selling:  Retiring.




Print Listing Id: 700170167
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Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers



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