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Laundromat For Sale
Location Louisiana,United States
Asking Price Range < $250K
Gross Revenues $30000
Net Profit / Cash Flow $18000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 1 - 3
Inventory Inventory value is $125250.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Training will be available.
Reason for Sale Retirement is the reason for selling.
Description This is one of two available Laundromats available for sale by the same seller. Laundromat is located in the New Orleans North Shore area of Louisiana. The other Laundromat is located in Baton Rouge. Laundromats can be purchased separately or together as a package for a reduced price. Both have been established for 5 years and have amassed a large amount of loyal repeat customers. All equipment is in great condition and is like new. This particular Laundromat measures approximately 1,200 sq ft in size and has an extremely low rent of only $750 per month. Business is located in an extremely high traffic commercial area directly off a 4 lane highway that intersects with a major interstate. Business is in a great strip shopping center that sees plenty of pedestrian foot traffic with good parking and easy accessibility.
Business is found in the affluent area known as the New Orleans North Shore in Louisiana. This area has experienced tremendous growth both physically and economically, and continues to do so. City is just a short drive to both Baton Rouge and New Orleans, two major metropolitan cities with all the amenities.
Seller is retiring from running his successful Laundromats, and is highly motivated to sell quickly. Seller will train the new owner on this very easy to own and operate business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. Seller will consider some financing to a qualified buyer with a reasonable down payment. Come see either of these well run, highly efficient Laundromat businesses, meet the owner, purchase one or both!
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