Beautiful Laundromat
Location Rhode Island,United States
Asking Price Range < $250K
Gross Revenues $211188
Net Profit / Cash Flow $34796
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Very Nice Laundromat offering Wash-Dry-Fold and Dry Cleaning. Located on a heavily traveled main city road. Surrounded by multi families, apartments, businesses, and a major college. All equipment new when opened 9 years ago. 30 Dryers, 10 Single load, 9 double load, 8 triple load, and 2 super load washers. Steady sales over the past 5 years with plenty of room to grow the business by adding commercial accounts and doing a bit of promotion. Business does have a website and is ranked #1 for laundromat searches in the area on Google, Facebook and yelp. Value of the equipment is more than the asking price. Nice opportunity for a hands-on person to grow this business and make serious income.
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