This Laundromat and dry cleaning business has been in operation since 1950 and was remodeled about 4 years ago. It boasts a beautifully constructed front and very esthetically pleasing interior. The paved parking lot and multiple door openings makes this business extremely convenient for their customer base that exceeds 3500 and is coming back to making the profits enjoyed by the owner for over 23 years. At one time, there were 13 people working for this company including two full time pickup and delivery trucks and contracts with the hospital and nursing homes. The growth potential for this business is immense. This is an immaculate 4250 square foot building with a full basement currently bringing in considerable cash flow as a heated storage facility. It should be understood this is a highly cash oriented business that has produced handsome sales and profits throughout its history. Assets include $2,000 of inventory, $316,716 of real estate, and $45,575 of equipment, fixtures and furnishings. Located in Eastern Wisconsin, Asking price $339,000. Ask for Portfolio #0132

Posted Mar 26, 2013

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