100% Owner Absentee Laundromat Business with Good Income was acquired by Individual

Transaction Description

This 30-year established laundromat business is located in a busy area and shopping center. This location has $150,000 worth of equipment in good condition and is included in the asking price. The business has loyal clientele making it healthy and stable. Some income from bundle service but more marketing could produce more income. Seller’s net cash flow, after paying all the expenses, is over $60,000 a year. An easy to run business and well-known in the neighborhood. Existing employee will stay with a new owner. The rent is only $1,300 (NNN included).

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Summary