The Perfect Semi-Absentee Owner Business - Recession Proof – E-2 Visa Eligible
You will need $150,000 liquid cash to put down and a Net Worth of $300,000 to Qualify for financing with your good credit.
This is an Established Franchise Coin operated Laundry/Wash-Dry-Fold Business.
This business makes you money when you are not around!
Full time Attendants, Free Wi-Fi for customers, Clean/Well Lit & Well Maintained Store, Top Name High efficiency Coin Operated Washers and Dryers, also offering Wash-Dry-Fold Services.
Long-term training and support are provided by the Franchisor.
Absolutely no prior Laundromat experience is needed and is required to operate this Franchise.
Buyer must qualify (with Franchisor company) to assume a Franchisees role.
To receive more information about this Business, Please fill out the "Learn More About This Listing" section in this ad and we will send you out an online NDA to fill out ….Thank You.
No Brokers Please
Store size is approximately 4,400 plus sq. ft., great long term lease, high traffic count, densely populated. ASKING PRICE INCLUDES: All Laundry Equipment (washers/dryers), bill changers, carts, Vending machines for laundry detergent & softeners, benches, security system with cameras, laundry tables, chairs, Signage (interior and exterior), all leasehold improvements and much more.
Asking Price: $630,000
Cash Flow: $235,000
Seller Financing Available: Yes
Growth & expansion opportunities:
RECESSION PROOF BUSINESS. Today’s coin laundry industry is a strong and vibrant one. Even more appealing is the fact that this dependable public service industry continues to grow and thrive. The public will always need this basic health service – “people always need to wash clothes!”
DISCLAIMER: The information contained in this ad does not constitute an offer to sell or award a Business/Franchise and may not reflect the most current facts. Such an offer can only be made in compliance with applicable disclosure laws. Offerings are made by Franchise Disclosure Document only. Relevant information for Business purchase will be provided by the Franchisor or the Seller. The information provided in all ads, including in any attachments and/or links contained in the ads, is provided AS-IS without representation or warranty of any kind, express or implied. Prospective buyers are encouraged to seek legal, tax, and accounting advice from licensed provider(s) prior to making any decision involving Business or Franchise ownership. Any decision will be based solely on Prospective Buyers Due Diligence thru the Validation process as well as 3rd party research. Nothing in the ads, including any attachments and/or links contained in the ads, constitutes tax, accounting and/or legal advice. Broker does not make any guarantees or declarations regarding earnings claims. Broker will not be responsible for any misprint or typographical errors thru out the ad.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.