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Coin Laundromat
Location: United States -> Virginia -> Charlottesville
Industry: Business Services > Laundry




Business Summary

Well established store with absentee ownership. Part time worker has been looking over since its opening.. Laundromat located in a nice neighborhood in a shopping center. 39 machines, 1,500SF, rent $1,600 per month in 3 years with 5 years option.

Asking Price: $60,000.
Gross Revenue: $61,000.
Cash Flow: $20,000.
FF&E: $70,000 (Included in Asking Price).
Year Established: 1997.
Employees: 1 part time.
Market Outlook and Competition: Simple operation & stable market at no competition.
Management Training and Support: Will support/train.
Reason For Selling: Partnership Decision.

Email or contact S.H.Bahk at 540-948-4040 for more information on this Coin Laundromat for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $61,100
Cash Flow:   $20,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $80,000
Seller Financing:  No

About The Business

Year Established:  1987
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Support and train.
Reason For Selling:  Patnership decision.

Photos

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Coin Laundromat Photo 1




Print Listing Id: 70078934
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Also See: Franchise Opportunities > Franchise Resales > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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