Coin Laundromat
www.GlobalBX.com
Listing ID:
70038419
Listing Title:
Coin Laundromat
Quick Link:
http://www.globalbx.com/listing.asp?bId=38419
Industry:
Business Services
Industry Segment:
Laundry
Country:
United States
State / Province:
Maryland
Area
City:
Asking Price Range:
$250K - $500K
Gross Revenues:
$312,000
Cash Flow:
$144,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1995
Number of Employees:
1 - 3
Business Description:
- VERY POPULATED & BUSY area.
- Drop off service: $1/lbs.
- Drop off Dry Cleaning $2/lbs.
- First 5 lbs: $10.
- Blanket: 5 lbs: $10.
- Each Additional : $2.
- Phone card Gross Sales: $2,700 /month.
- Drinks Gross Sales: $1,000 / Month.
- Other source of income: Detergent, Bleach, and Laundry bags.
Machine information:
Dry: 26 with good condition.
Wash: 12 new and 7 with good condition.
7 x 20lbs, 9 x 20lbs, 2 x 40lbs, 8 x top load.
Business Details:
Gross Weekly Sales: $6,000.
Owner's Annual Net: $144,000.
Building Size: 1,800sq. ft.
Monthly Rent: $3,000, CAM: X, Tax: X, Condo Fee:$340/Month.
Lease: 11 years (10% increase in every 5 years).
Monthly Utilities:
- Water: $3,000 - Gas: $3,300 - Electric: $500.
Number of Employees: 3 Part time.
Employee Payroll: $1,800/Month.
Business Hours: M-F: 7:30 am to 10 pm, Sat-Sun: 7am to 10:30pm.
Inventory: $1,000.
List Price: $500,000 plus Inventory.
Contact for more information on this Coin Laundromat business for sale.
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