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| Asking Price: |
$570,000 |
Status: |
Active |
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| Business Type: |
Service / Drycleaner, Laundry
Service / Real Estate Property Management |
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| Business Location: |
Arkansas |
Broker Coop: |
Yes |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$93,642 |
Full-Time Employee: |
0 |
| Cash Flow: |
$33,652 |
Part-Time Employee: |
0 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
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Leased SqFt: |
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| Year Established: |
1999 |
Rent /Month (Include NNN): |
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| Accounting Info(years): |
3 |
Lease Exp.Date: |
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| Franchise: |
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Original Lease (# of yrs): |
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| Liquor License: |
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Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
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| Hours of Operation: |
Open 7 days a week and 24 hours a day |
Lease Transferable: |
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| Reason For Sale: |
Other Interests |
Rent Increase: |
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| Seller Training Available: |
Yes (For a predetermined amount of time.) |
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Price Description |
Financial Information |
| Real Estate Included: |
Yes |
Seller Cash Out: |
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| Real Estate Value: |
$400,600 |
Seller Financing Available: |
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| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
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Seller Financing Term(years): |
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| Inventory Included: |
Yes |
Annual Interest Rate: |
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| Inventory Value: |
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Min. Down Requested: |
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Business Description |
Three existing laundromats with real estate and no competition located in three different Northwest Arkansas communities are being offered for sale. Existing, up and operating, all three locations are cash flow positive. Two of three have residences attached to the laundromats. Seller will sell all or any of three. Perfect for handyman/fixit kind of owner who can do maintenance and repairs personally. Can grow business by offering laundry services, dry cleaning pick up station. Additional income can be collected from house rentals. Currently the laundromat attendants are living in houses in exchange for servicing laundromats. Owner wants out. |
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