Annual Figures:
Gross Sales: $354,003
Rent/Taxes/CAM: $68,597
Electric: $12,888
Gas: $24,804
Water: $28,992
Machine Repair: $8,400
W& F Supplies/Soap:$6,252
Payroll: $99,364
Internet/Phone: $2,400
Trash Removal: $1,200
Insurance: $3,000
Net Profit: $70,000
Business Highlights:
- Located in shopping center with plenty of parking available & in direct vicinity of multiple major brands
- The Shopping center is located in bustling town by the water with thousands of apartments, multiple schools, parks, a museum & ferry stop.
- 3,500 SQ FT
- Immense value add opportunity, additional 3,000 SQ FT retail space next door potentially willing to sell, can be a good mega store.
This location could use new equipment that'll reduce utility bills
- 5 Employees, all part time.
- Well established in this location for 33 years, current owner since 2017.
- 10 Year lease with (2) 5 year options for new buyer.
- 7AM - 10PM Hours of operation, can be extended to 24 hours.
Machine Breakdown:
(10) 35 LB Washers - Wascomat | 30 Years 4th Gen
(15) 20 LB Washers - Wascomat | 30 Years 4th Gen
(8) 50 LB Washers - Wascomat | 30 Years 4th Gen
(2) 80 LB Washers - Speed Queen | 3 Years Old
(4) 55 LB Dryers - Speed Queen | 3 Years Old
(22) Stacked Dryers - Speed Queen | 10-15 Years Old
**SIGNED CONFIDENTIALITY AGREEMENT NEEDED FOR EXACT LOCATION**
**ASK FOR MY APPOINTMENT LINK FOR MORE INFORMATION**
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