Laundromat & Appliance Sales and Service

Asking Price$499,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Save1/6

Laundromat & Appliance Sales and Service


Asking Price$499,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
This business has been in business since the early 70s family owned and operated. We are offering a busy appliance repair business that also offers a full line of appliances for sale. We have a 24hr laundromat attached to the shop. The appliance repair side offers in home and in shop appliance repairs. We are servicers for multiple brands and third party warranty companies. We sell and install appliances carrying multiple brands including Speed Queen. The laundromat is self service 24hrs. The machines are always working when you own an appliance repair shop. We have newly rennovated adding on more space for storage and work areas. We have recently rennovated the office space and will continue to finish renovations till sold. The location is one block from main and on a busy corner with lots of daily traffic on the same street as the school, pizza place, city buildings, etc. We have grown and added on more services and sales. Still with lots more potential!
We are willing to negotiate the sell. Willing to sell all or part, just the real estate or just the businesses. Negotiable
About the Business
Years in Operation
52
Employees
3 (2 Full-time, 1 Part-time)
Facilities & Assets
Appliance repair and Appliance Sales store. We do in-house and in store Appliance repair. We also sell a full line of Appliances. Attached to the store is a laundromat that is 24hrs.We have newly expanded the sq footage growing a new storage area and tech work area. Lots of potential. Plans to expand and do wash and fold or dry cleaning services. Willing to sell all, just the real estate or just the businesses. Willing to sell you everything including the pencils in the jar so you can walk in and start like it never changed hands.
Website
Https://.bensonappliancerepair.com
Market Outlook / Competition
There is currently only one other laundromat. There is no other appliance repair shops in our area.
Opportunities for Growth
Lots of potential! Our future plans are to offer wash n fold and dry cleaning drop of services as there is no one in the area. We have expanded our sales and carry more products than past owner. We also are servicers for multiple brands and third party warranty companies but there is still more to add.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Health reasons
Transition Support
Willing to train and support as needed. Give help getting accounts moved over for a smoother transition.
Financing Options
Cash, Owner will carry with substantial down, willing to split business and real esta
Listing Info
ID
2348160
Listing Views
Business Location

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Business Listed by: michelle goodwin

Listing ID: 2348160 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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