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Coin-Op Laundromat Business For Sale
Location Louisiana,United States
Asking Price Range < $250K
Gross Revenues $91000
Net Profit / Cash Flow $48904
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Inventory 103636
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Available
Reason for Sale Health issues
Description This recognized and reputable coin-operated Laundromat business for sale is located on the West Bank of New Orleans, Louisiana. Found in a high traffic area, this Laundromat has an established base of loyal customers found in the nearby residential neighborhoods. The current owner has operated this location for 9 years, but the business name has been in this location for over 20 years. Dry cleaning equipment is on the premises, which the owner formerly used to offer home delivery dry cleaning services. Also found in the approximately 2,700 sq ft of space are cleaning products, snack sales, public restrooms, and private restrooms for the owner. This business offers a very solid cash flow with potential for more revenue.
This coin-operated Laundromat business for sale is found on a high traffic commercial hub in a highly visible and easily accessible strip shopping center. The strip shopping center has multiple reputable retailers that attract a large amount of pedestrian shopping traffic. The business is located on the West Bank of New Orleans, Louisiana, a major metropolitan city with all the amenities. This densely populated area provides a steady stream of new as well as loyal customers, and is a great location to own a business such as this.
The seller has health issues which force him into retirement. He is highly motivated to divest of this coin-operated Laundromat business for sale. Seller will train and transition the business to the new owner to ensure future success. 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 this coin-operated Laundromat business for sale on the West Bank of New Orleans, Louisiana, meet the owner, make an offer.
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