PRICE REDUCED, BURNHAM COIN LAUNDRY Thumb Image #1
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John vassiliades

J Vassiliades & Company
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Description

This laundry is located in a community that boosts great demographics for the laundry business. This laundry has outstanding visibility and has ample parking directly in front of the building. There are many apartment complexes surrounding this laundromat. This Laundromat is well established in the community and has, candy vending, snack and pop vending and big box soap Vending. It can also be improved by adding a drop-off laundry and pick-up and delivery service. There are 25 washers and 30 dryer-pockets. The equipment mix is designed for large loads, all the equipment is well maintained. Since this laundromat is only attended 4-5 hours a day, there here is a unique customer payment system for refunds where the customer calls a number, and the refund is dispensed automatically at the store. This laundry has a very well-established customer base. All this laundromat needs are a good manager/owner and some TLC. The current lease is Month to Month but the landlord is will to negotiate for a long term lease and that will increase the rent. This laundry is an excellent way to get involved with this industry at a lower price point. If you are looking for a great cash flow and want to own your own business at a reasonable price, this is it.
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Financials

$157,000
$28,000
$140,000

Equipment Assets

No data provided.

Lease Details

No data provided.

Business Operations

No data provided.

Listing Disclaimer: The information on this listing has been provided by either the seller or thier business broker. Niche Media owner of LaundromatForSale.com has not verified any of the information on this page and assumes no responsibility for its accuracy or completeness. Interested parties are encouraged to contact the seller and/or the seller’s broker directly to conduct their own independent verification of this information.

John vassiliades Profile Pic

John vassiliades

J Vassiliades & Company