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Coin Laundromat
Location: United States -> Arizona -> Kingman
Industry: Business Services > Laundry




Business Summary

This business is extraordinarily easy to operate and turns a high profit. It can even be a passive income if managed by a trusted employee. Best of all, it is all cash! Who doesn't like that? The beauty of this business is that no experience in the industry is required to operate this store. This business has multiple income sources. Along with the income of the coin operated machines, we also offer a wash and fold service with regular clientele. (We have maintained the records of the wash and fold services, and a list of customers) We also sell relevant laundry supplies. (soap, fabric softener, etc).

The store underwent a remodel five years ago, which included the purchase of twenty new washers and twenty new dryers. Since then, the building has received a fresh coat of paint, a new water heater, and various smaller renovations. Financial records, utility bills, and receipts are available to see after signed NDA. The store is in a prime location for the industry and has adequate security measures in place. (Alarms and security cameras with remote access.)


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned

About The Sale

Reason For Selling:  Retirement

Photos

View Larger Photo(s) Of Business
Coin Laundromat Photo 1 Coin Laundromat Photo 2




Print Listing Id: 700280550
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Also See: Franchise Opportunities > Franchise Resales > Arizona Businesses For Sale > Arizona Franchises For Sale > Arizona Business Brokers



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