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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Rhode Island Businesses For Sale Categories   >>   

Absentee Owned Laundromat

Location  Rhode Island,United States
Asking Price Range  < $250K
Gross Revenues  $104000
Net Profit / Cash Flow  $27056
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1988
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  Motivated Seller will accept only $30k Down! ABSENTEE Laundromat, that has been established for over 25 years. It is currently absentee run, and the financial information reflects this. There is considerable room for growth, with the right individual, to expand the wash, dry and fold, as well as the dry cleaning end of this business. Many businesses in the area could benefit from a pick up and drop off service. Equipment consists of 10 Wascomet Junior W74 Double load washers, 4 Wascomet W84 Giant Washers, 5 Wascomet W124 Triple Load washers, 3 single top load washers, and 23 Huebsch Loadstar III dryers. There is a 5 year lease with multiple renewals that is assumable. This is a great deal in any economy.
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