Well Established Laundromat With Tons Of Upside Potential For Sale

West Kingston, RI
listing image
Asking Price:$180,000
Gross Revenue:$317,097
Cash Flow:$44,586
Rent:$2,355/Month
BUSINESS DESCRIPTION

HS Listing ID-63542

Established History: Well Established as a laundromat, serving the community for over 30 years.

Absentee Ownership: Currently managed with absentee ownership, making it an ideal investment opportunity for those seeking minimal involvement

Active Shopping Center: High traffic shopping center with readily accessible parking available.

IPSO & Laundercenter Machines: Equipped with 20 washers & 22 Dryers, the facility can maintain large volumes of laundry.

Value add opportunity: Extending the hours of the business can improve volume and increase profitability.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
West Kingston, RI
Inventory
Not Included in asking price
Real Estate
Leased
Support & Training
Yes.
Reason for Selling
Other business interests.
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Justin
Norman
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Justin Norman