Listing ID: ABB18005

Quick Facts

Category: Online
Asking Price: $325,000
Cash Flow: $94,506
Revenues: $193,426
FF&E: $80,000
Inventory: $500
Real Estate: Owned
Employees: 1PT
Home Based?: No

Business Description:

Well established Laundromat started in 1980 with the current owner having run it for the past 6 years. It has a good reputation and conveniently located. It has dozens of coin operated washers and dryers of different sizes and varieties to accommodate different load sizes and needs of its customers. It also does dry cleaning although it is technically just a drop off and the dry cleaning is outsourced. The equipment is in good repair and has been maintained regularly.

The current owner has set up an extensive security system with cameras allowing him to observe the Laundromat anywhere from his computer. Sales and profits have grown every year and 2018 looks to be their best year ever.

Real estate transactions brokered by Alpine Business Brokers, LLC.

Location:

Utah County

Training:

Seller will provide training during a reasonable transition period.

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