Long Established Laundromat

LISTING ID # 37095

Long Established Laundromat. Still open and operating for over 40 years. Fully staffed. The owner recently passed away and his family is now selling this business. A prime location with a large parking lot. The laundromat is 2,000 sq. ft. with 24 Speed Queen Washers and 25 Speed Queen Dryers, approx. 11 yrs old. On a sewer system. They have 2 FT and 2 PT employees in place. The current rent is $3000/mth. The family that owns the business also owns the shopping center. They are willing to offer a 20 year plus lease to a well-qualified buyer. In fact, there is an adjacent 2,000 sq ft space that can be expanded into if you wish to build a mega laundry. They currently offer coin laundry and wash and fold service. No dry cleaning drop off or pick up and delivery service. Those can be added by a new owner. The entire shopping center is also available for sale through the owners! We are seeking a serious and financially qualified buyer with at least $299K in liquid funds. Proof of funds will be requested prior to any buyer-seller meetings or phone calls. To learn more, please call the broker. All site visits must be very discreet.