Hot Listing

New Build-High Revenue-150K Net Profit- Baldwin County, Alabama- $597k

Asking Price$597,000

Cash Flow
$155,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$300,000

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

New Build-High Revenue-150K Net Profit- Baldwin County, Alabama- $597k


Asking Price$597,000

Cash Flow
$155,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$300,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
The store is listed at $597,000 FIRM with revenues over $300,000 and net profit approximately $150,000.

Brand new store with Speed Queen machines about 2 years old. Revenues in 2024 (1st full year) were about $286,000 and continue to grow. Sone of the summer months clock in over $40,000 in revenue due to location. Very very little competition.

Approx. 1500 sq. ft. at $2000 month in well maintained plaza in great location. All large size equipment: 14 washers(6 = 30 lb, 6 =60lb & 2 = 80lb) & 16 dryers (12 = 45lb & 4 = 75lb.)

In 2024 (first full year opened) revenue was approximately $286,000 with $110,000 self serve and $176,000 in wash & fold with prices ranging from $1 to $1.50. NOTE: Revenue is still Increasing and should exceed $286,000 in 2025. This is a growing store.
Financing available at approx. 8% over 7 years with $300,000 down.

Store has 4 employees. The store is attended.

Store has 3-4 partners. Main partner lives 1 1/2 hours away and the other 2-3 are out of country often so store was more work than they all thought especially being so busy.

Very very little competition.

$597,000 FIRM

NOTHING LESS WILL BE ACCEPTED $300,000 Financing available with $297,000 down.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,500
Rent
Not Disclosed
About the Sale
Financing Options
Bank Financing Available (Not Seller): $300,000 Financing available with $297,000 do
Listing Info
ID
2388578
Listing Views
2028

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Business Listed by: John M. Bedosky JB & Associates

Listing ID: 2388578 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.