Asking Price: $270,000

Gross Revenue: $289,659

Gross Revenue Comments: 2007

Cash Flow: $91,210

Cash Flow Comments: 2007

FF&E: $47,000 (Included in Asking Price)

Seller Financing: Anticipated to qualify for SBA financing.

These profitable coin-operated laundromats (2 locations) have been in business for decades, and are not just great businesses, but landmarks! The owner spends little time with these businesses, but for an owner/operator buyer that has time to work in the laundries, annual cash flow could increase significantly. In 2007 one location grossed $129,404 with a cash flow of $32,454. The other location grossed $160,255 and cash flowed $58,756. This is a rare opportunity to own profitable, well established, cash businesses! Act now!

Year Established: 1957

Employees: 9 full time -

Facilities: First location is in a clean building with approximately 2200 sq. ft. Corner location on busy street surrounded by apartment complexes. Central heating and air. Lease terms are 3 years with on 4 year option currently at $1,440 per month. Second location is approximately 1300 sq. ft. Corner location on busy street. Near many apartment complexes. Central heating and air. Lease terms are 3 years with one 4 year option currently at $950 per month.

Market Outlook and Competition: Sales could increase with advertising.

Management Training and Support: Seller will assist Buyer in negotiable transition period as part of purchase price.

Reason For Selling: Seller is relocating out-of-state.