Established Coin Laundry in Memphis Tennessee
Financial Information
Asking: $135,000
Gross: $120,000
Cash Flow: Not Disclosed
Summary Description
This self-service coin laundry has been at this high traffic location for over 10 years. Coin laundries are all cash businesses, no inventory, no accounts receivable. In addition to the equipment revenue, this business offers fluff and fold service.
This stand-alone building has excellent street visibility and plentiful parking. The location has all Speed Queen equipment, (19) stacked dryers, (12) top load washers, and (26) medium and heavy capacity front load washers. The purchase price also includes folding tables, ceiling mounted televisions, a coin changer and soap dispensor. The location operates 7 days per week, 8 am - 10 pm.
General Information
Facilities: Approximately 4000 square foot building, good condition, fully equipped, $3700/month lease.
Competition: There is limited competition in the immediate area.
Support/Training: If requested, owner will stay for one week to assist in training.
Reason Selling: Current owner wishes to pursue other business interests.
Year Established: 2001
Employees: 1
Contact Us on this Commercial Laundromat for Sale in Memphis
Star Distributing Company, Inc. 3729 Charlotte Ave. Nashville, TN 37209