Neighborhood Coin Laundry For Sale

www.GlobalBX.com

Listing ID: 700371224

Listing Title: Neighborhood Coin Laundry For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=371224

Industry: Business Services

Industry Segment: Laundry

Country: United States

State / Province: Georgia

Area

City:

Asking Price Range: < $250K

Gross Revenues: $240,000

Cash Flow: $60,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2020

Number of Employees: 4 - 5

Business Description:
Established Coin Laundry with the same owner since 2015. Turnkey and Profitable low-maintenance laundry business. The 1,500 square foot store with long term lease in place is one of the few in the area serving an loyal and establish customer base in a high traffic area with great visibility from main road. This is located near many shopping plazas and a few minutes from highway ex-it. There are 25 Commercial washing machines and 27 commercial dryers. Although the current owner acquired the business in 2015, this location has been in place for decades. Limited competition in this area and walking distance to many apartments and subdi-vision clusters. The current owners have made upgrades and has tenured staff in place. There no other coin laundry within 2 miles of this high visibility area. The client base is established and only a handful within 5 miles. This Coin Operated Laundry has had a stable income stream for years. Offering pick up and delivery service and more commercial cleaning clients are both growth opportunities for this business.



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