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Laundromat Coin Op.

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $60000
Net Profit / Cash Flow  $20000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2004
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Will train
Reason for Sale  Personal
Description  Location: Brockton MA. Business: This Laundromat was built 12 years ago. The owner had just install newer equipment in Dec. 2011 This is a self-service laundromat with no attendant. There is an opportunity to do wash, dry and fold if you wish. The Laundromat does not have a track record due to poor present management. Size:1,200 s.f. The rent is $1200 a month includes r.e. tax and snow removal. The Laundromat is air condition in the summer. uses well water , therefore does not pay a water bill or sewer charges. . Open: Mon.-Sun.7:00 a.m.9:00 p.m. We are selling this Laundromat as a opportunity to own a business just for all the leasehold improvements, equipment, fixtures etc. Just to build this laundromat would be over $100,000 new. 8 IPSO Mighty Mac #20 washers, 8 Speed Queen SW161 18# washers,6 Wascomat W640 40# washers ,2 IPSO Big Mac 35# washers, 10 Maytag 30# TD3030 double stack dryers, Raypack Hot water heater, 2 Large water tanks (115 gal. and 120 gal.), Bill changer, laundry bag dispenser, saop vending machine 9 col. Scale, 4 fiberglass folding tables, 2 fiberglass 3 seats sections, assorted laundry carts, etc. The owner is selling the Laundromat due to health problems. This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn .from the market The broker represents the seller in this transaction.
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