Hot Listing
Neighborhood Laundromat - Busy Wash & Fold - Boston Area - $135,000
Business Description
Great Opportunity to own an affordable, growing laundromat with lots of potential.
Laundromat is located in Boston neighborhood surrounded by apartment buildings an 3-4 family homes.
This store doesn't do much self serve but has vibrant wash & fold business and a good commercial account.
They occupy 2 storefronts connected with a door. One side is for processing wash & fold and drop off dry cleaning and does not have any washers or dryers and is opened by a key. The other side has auto-lock doors and contains all the washers and dryers.
It's about 1400 sq. ft. with rent of $2220 and landlord will write a new 10 year lease.
12 washers approx. 10 years old on avg. & 12 Dryers approx. 20-25 years old on avg.
This store is currently run mostly attended.
A) 1 person works 4 hours from 6PM - 10 PM for 5 days a week.
B)The other worker works 8-6 Mon thru Sat. The laundromat is unattended on Sunday and 2 hours each morning as hours are 6AM to 10PM.
The seller has owned this store for 5 years and has another business and is hoping to rent the storage area out of this location of approx. 150 sq. ft. for $500 month. This adds a valuable and stable income stream to the store. The buyer has the option to rent this space or keep for himself. This is the buyer's choice.
There is nothing to do with this store but come in and manage and continue to build sales. Sales have been steadily growing.
$135,000 FIRM
Nothing Less Will Be Considered.
CASH OFFERS ONLY- NO FINANCING
Laundromat is located in Boston neighborhood surrounded by apartment buildings an 3-4 family homes.
This store doesn't do much self serve but has vibrant wash & fold business and a good commercial account.
They occupy 2 storefronts connected with a door. One side is for processing wash & fold and drop off dry cleaning and does not have any washers or dryers and is opened by a key. The other side has auto-lock doors and contains all the washers and dryers.
It's about 1400 sq. ft. with rent of $2220 and landlord will write a new 10 year lease.
12 washers approx. 10 years old on avg. & 12 Dryers approx. 20-25 years old on avg.
This store is currently run mostly attended.
A) 1 person works 4 hours from 6PM - 10 PM for 5 days a week.
B)The other worker works 8-6 Mon thru Sat. The laundromat is unattended on Sunday and 2 hours each morning as hours are 6AM to 10PM.
The seller has owned this store for 5 years and has another business and is hoping to rent the storage area out of this location of approx. 150 sq. ft. for $500 month. This adds a valuable and stable income stream to the store. The buyer has the option to rent this space or keep for himself. This is the buyer's choice.
There is nothing to do with this store but come in and manage and continue to build sales. Sales have been steadily growing.
$135,000 FIRM
Nothing Less Will Be Considered.
CASH OFFERS ONLY- NO FINANCING
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,400
- Rent
- Not Disclosed
Listing Info
- ID
- 2405731
- Listing Views
- 1679
Listing ID: 2405731 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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