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  • Listing No.: 200-00058

  • Category: Laundromat

Asking Price $150,000
Down Payment
Gross Revenue $186,571
Total Adjusted Net Income $54,051
Equipment / Fixtures $78,771
Year Established
General Location
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After 60 plus years and two generations, the owner is ready to retire. This Family-owned business supplies industrial uniforms to local market through rental agreements which includes laundry services for work uniforms, jackets, coveralls, shirts, linens, roll towels, scrubs, hood covers, floor mats all from their local establishment through a pickup and delivery service. Customers nor employees need worry about keeping up with environmental best practices for cleaning these items and properly disposing the waste, this company handles it right in the shop. The shop is equipped with large capacity boilers with a dirty water separating system to prevent discharge to city sewage system. Seller's profitable operation can be attributed to its loyal customers base as a key factor for their longevity in this market.

Gross Revenue $186,571 Listed Price $150,000
Total Income $54,051 Down Payment
Base Rent $2,500 Square Feet 5000
Total Rent $2,600 Lease Expiration
Rent Deposit Lease Options
Inventory $14,700 Leasehold Improvements $0
Equipment / Fixtures $78,771 Other Assets Uniforms and mats in inventory and at customer sites
Full-Time Employees 2 Training Period 2 weeks
Part-Time Employees 5 Special License Required for building with equipment which is not part of deal
Contract Staff Reason for Selling Retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.