Attended Laundromat in Great North Phoenix Location

Location: Arizona, United States
Category: Services
Type: Established

Financials

Asking Price: $250,000
Cash flow: $68,515
Revenue: Not Disclosed
Gross Income: $157,039
Inventory: Not Disclosed
FF&E $70,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

Long-established, busy laundromat in great North Phoenix neighborhood center surrounded by apartments and homes. Thirty-six washers, 14 dryers. Well-established fluff\'n\'fold. Business is open 7 days a week. Long-term lease with low rental rate. Seller has increased gross sales by 15% since purchasing from original owner last year. Call now for more details on this fine business.

The business occupies 1,840 sq. ft. leased at $1,967 per month. The lease runs through August of 2015 with a five-year option to renew. Security deposit is $1,000.

Great opportunity to increase sales and profits by adding dry cleaning drop off.

The Seller will provide 2 weeks of training and familiarization to the Buyer at no cost.

General Information

Reason Selling: Seller\'s family is moving.

Number of Employees: 2
Year Established: 1984