Large, Prosperous Laundromat, serving High Traffic Area

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Dry Cleaners for Sale

Large prosperous cash/coin laundromat proven 27 years in a commercial, urban, high traffic region of Toledo, Ohio, which is fully functioning and equipped coin laundromat. Strong loyal repeat clientele established for +27 years operated with two part timers. Gross sales of $281,271, cash flow of $168,762. Seller will consider 30-50% financing if approved. Optimal commercial, high traffic/visibility location in open air strip center.

Fully functional equipment including Wascomat double loader, triple loader, Giant E 655 Emerald Series, W75, W125, 175, Speed Queen commercial washers and Wasco stacked dryers. There are two, 50 gallon, Bradford white magnums series modern water heaters and a Wasco coin changer. Add a flat screen ceiling mounted TV, video camera system, double deck folding tables, etc. and you have a fully functioning and equipped coin/cash laundry business.

Owner notes a friendly, extendable, affordable lease. Seller is retiring. If you have been looking for a prosperous coin laundry in a prominent, high traffic region of a 275,000 populous metropolitan region which is fully functioning and equipped for over 27 years run by two part timers grossing $281,271 with possible 30-50% seller financing, check this one out.

The information contained herein has been secured from the Seller. Sunbelt Business Brokers of Northern Ohio does not warrant or guarantee in any way whatsoever either the accuracy or the correctness of the information or any assumptions or inferences there from. Buyer should conduct his or her own diligence before buying. This information is subject to change without notice.

Financial Information

  • $370,000 Asking Price
  • $168,762 Cash Flow
  • $281,270 Gross Revenue
  • On request Down Payment
  • Yes Financing
  • $15,000 Inventory

Business Location

  • City: Toledo
  • State: Ohio

Support / Training Comments

  • Seller will negotiate a transition period

Financing Comments

  • Seller will consider some financing for a qualified buyer

Reason for Sale

  • Retirement

Detailed information

  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Part time Employees: 2
  • Real Estate Included: No
  • Monthly Rent: $2.5k
  • Real Estate Available: No
  • Building Size: 3000
  • Real Estate Value: N/A

Contact Business Broker

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Business Listed by Sunbelt of Akron
Contact
Jeffrey Bury
Listing ID
NORTHOH001-47291
Office Phone (330) 268-4146

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Large, Prosperous Laundromat, serving High Traffic Area

Toledo, Ohio

Large prosperous cash/coin laundromat proven 27 years in a commercial, urban, high traffic region of Toledo, Ohio, which is fully...

$281.2k Gross Revenue
$168.7k Cash Flow
Asking Price $370k
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