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Business Listed by

Sunbelt Baton Rouge

Contact: Darren Williams
Office Phone: 225-201-0202
Mobile Phone: 318-407-9561
Listing ID: BATONLA001-N2938

Semi-Absentee Cash Generating Laundromat, Car Wash, Rental, & More!

Financial Information

  • Asking Price: $625,000
  • Gross Revenue: $198,553
  • Cash Flow: $78,783
  • Down Payment: 0
  • FF&E (Included): N/A
  • Inventory: N/A
  • Financing: No

Business Location

  • Central Louisiana
  • Louisiana
Primary Business Category: Car Washes

Sunbelt Business Brokers of Central & North Louisiana presents a well-established business that is very diversified and produces excellent cash flow in Central Louisiana. This business includes a self-serve car wash, large laundromat, a commercial rental property, and another business that cannot be disclosed without a signed confidentiality agreement. Management and employees are already in place allowing the new owner an opportunity to run them all semi-absentee. The entire operation is well maintained and kept very clean by existing staff. The location of this business is ideal for the variety of services that are being provided from this business. The car wash includes five self-serve coin operated bays and one auto wash bay which provides the most popular wash at $10.00. These bays offer a wide variety of services which customers have come to expect in a self-serve car wash. The laundromat includes twenty-four commercial washing machines (16 regular and 8 over-sized) and twenty-two commercial dryers (20 thirty-pound and 2 seventy-pound) providing service both to frequent local customers and visitors brought in by the undisclosed business. Washers and dryers are maintained by a current staff member who has extensive experience in appliance maintenance and repair. Additionally, there is another building on the premises used for commercial rental which is approximately 1,700 square ft. The current owner just signed a three-year lease agreement. The undisclosed business brings in commission income and delivers customers which often use the laundromat. The current owner is willing to provide ample training during the transition to the new owner and would consider some owner financing for the right buyer. Retirement is the owner's motivation to sell this cash producing business that he established. Come see this diversified business that will provide a buyer with fantastic cash flow, meet the owner that established this business from the ground floor, and see the opportunity it presents for you, make offer. Agent is sponsored through Sunbelt Business Brokers of Alexandria, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contract agent directly for more information.


Competition Description


Growth / Expansion overview


Support / Training Comments

Available


Financing Comments


Reason For Sale
Retirement
  • Home Based: No
  • Franchise: No
  • Year Acquired: 2006
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: N/A
  • Days Open: 7 Days
  • Fulltime Employees: 3
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 4700 sq ft
  • Monthly Rent: N/A

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