Established Laundromat
Location Rhode Island,United States
Asking Price Range < $250K
Gross Revenues $244709
Net Profit / Cash Flow $33090
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1977
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Owner is retiring.
Description 30 year established Laundromat, with a very loyal clientele base. Located in a heavily dense housing area perfectly suited for this type of business. There are 27 gas dryers, and 25 washers, along with vending machines, soda machines and video games. This is a great opportunity for someone to increase the pickup and drop-off end of the business, which is currently non-existent due to owners age. There is a great wash, dry and fold aspect to this facility that can easily be expanded upon. This location is has been running for over 30 years, and is located on a very busy street, (at 35,000 cars per day), and the location affords a high visibility profile. Contact for more information on this laundromat for sale.
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