Hot Listing

Laundry in Blount Cty - Seller Financing Available - Recently Upgraded

Asking Price$750,000

Cash Flow
$105,300
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$166,800

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Laundry in Blount Cty - Seller Financing Available - Recently Upgraded


Asking Price$750,000

Cash Flow
$105,300
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$166,800

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Loyal Clientele • Steady Income • Great Return

Step into a turnkey investment with this well-established laundromat, perfectly positioned to capture steady revenue. This fully equipped coin laundry offers a turnkey business model that has been owner-operated and successfully built a loyal customer base. With a focus on convenience and quality of service, this laundromat is a modern, well-maintained facility that’s ready for a new owner. Whether you're looking for an owner-operator role or a more hands-off investment, this business provides the stability and profitability you're looking for!

Offering 2,200 sq ft of leasable space, the premises stand out with:
-Recent Upgrades: With over $200K in recent upgrades, the current owner has invested significantly into the business to ensure its long-term success. The addition of a kids’ area makes it an attractive choice for families,
-High-Quality Equipment: Equipped with top-of-the-line, major brand washers and dryers, ensuring reliability, customer satisfaction and easy maintenance.
-Steady Customer Base: Benefit from a loyal clientele drawn from the surrounding community, including multiple nearby apartment complexes within a short drive, ensuring a consistent flow of business.
-Ample Parking: With plenty of parking spaces, convenience is key, encouraging more walk-in customers and facilitating ease of access.
-Expansion Potential: The substantial size of the space offers room for additional revenue streams. Consider adding services like dry cleaning, alterations, or pick-up and delivery to enhance customer experience and increase income.
-Financial Performance: Under current ownership this laundromat has a proven track record of stable income, making it an attractive addition to any investment portfolio.

Whether you're a first-time investor or an experienced entrepreneur, this business provides a turnkey solution for anyone looking to earn passive income in a recession-resistant industry.

Don't miss out on this opportunity to own a vital community service with significant growth potential.

Price of 750K includes equipment loan balance of 140K. Might can assume

SELLER FINANCING AVAILABLE WITH 50-60% DOWN PAYMENT

***Will ask for PROOF OF FUNDS and NDA to be signed***

DETAILED FINANCIAL INFORMATION WILL BE DISCLOSED TO SERIOUS, QUALIFIED BUYERS UPON ENTERING THE DUE DILIGENCE PERIOD.
About the Business
Number of Employees
1
Facilities & Assets
Many of the Equipment New from 2024
29 Washers ranging from 20-60lbs
26 Dryers ranging from 30-55lbs
Market Outlook / Competition
Can market and advertise additional services such as WDF walk-in and Pick Up & Delivery Service
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,200
Rent
$1,950.00 per month
About the Sale
Seller Motivation
Relocating to a new area for other business
Transition Support
2 Weeks
Financing Options
Seller Financing Available with 50-60% Down Payment
Listing Info
ID
2395182
Listing Views
1661

Contact Seller

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Business Listed by: Arianna Pujals Main Source Realty

Listing ID: 2395182 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.