Hot Listing

Laundromat And Smoke Shop For Sale PROPERTY INCLUDED

Asking Price$1,300,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$462,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Laundromat And Smoke Shop For Sale PROPERTY INCLUDED


Asking Price$1,300,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$462,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
HS Listing ID-66873

Asking Price : 1,300,000 Negotiable

Laundromat Gross Revenue (monthly) – 17,000

Laundromat Net Income – (monthly) – 8,500

Smoke Shop Gross Revenue (monthly) – 21,500

Smoke Shop Net Income (monthly) – 4,000

Total Net Income 2024 – ~150,000

Business Highlights:

Laundromat:

Hours: Sunday-Thurs: 7am-9pm

Friday-Sat: 7am-10pm

In business for 12 years

All machines are Dexter (except the 80lb washer is Maytag)

All machines are coin only

All machines were purchased 12 years ago

Software used : CENTS

Seller and his wife work this business full time (60 hours total)

Wash and Fold is approx 17% of revenue

Does not offer delivery/pick up

Smoke Shop:

Hours: 8am-9pm 7 days a week

1 Employee (55hrs @ $10pr hr)

Vapes, Ecigs, Tobacco, Candy, Drinks, T Shirts, Hookahs, Cigarettes, Lottery, etc

*Property taxes are 7,000 per year

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Other business interests.
Transition Support
Yes.
Listing Info
ID
2391722
Listing Views
1319

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Business Listed by: David Connor Hedgestone Business Advisors

Listing ID: 2391722 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.