Super Laundromat with Low Rent and High Net Profit!
Asking Price: | $899,000 |
Gross Revenue: | $334,400 |
Cash Flow: | $185,000 |
Rent: | $2,870/Month |
Unique opportunity to own a laundromat with 20+ years lease with rent under market rate at $2,870 per month for a 4,000 sq ft laundromat. All card system store with state of the art Speed Queen Machines. 100% Owner Absentee laundromat, store is overseen by 3 attendants. Current owner offered Wash&fold pick-up and delivery service that grew very quickly and became too much to handle. New owner can definitely bring the service back and increase sales tremendously. No marketing is being offered and store already has a high net, can market for even higher sales. This is a true turnkey opportunity.
Might can obtain Financing with 40% down payment.