Business for Sale

Annual Overview: Gross Revenue: $121,736.46 Net Profit: $58,000 Rent: $2,235 a month ($26,820) Business Highlights: Strategically priced below a 4x multiple Priced well below replacement cost Equipment alone originally cost approximately $304,000 Currently owner-operated, offering operational control and margin visibility Attractive acquisition for an owner-operator or value-focused investor High-Quality, Well-Maintained Equipment Approximately 75 total machines 100% Speed Queen commercial equipment Equipment installed in April 2017 (9 Years old) Machines in solid working condition LaundryWorks management and payment system installed Excellent Reputation and Community Presence 4.8-star Google rating Over 100 customer reviews Established, loyal customer base Family-friendly, service-oriented operation Favorable Long-Term Lease Structure Favorable and Affordable rent at $2,200 a month Initial 5-year term with three 5-year extension options Up to 20 years of total lease control Turnkey Operation with Upside Potential Fully operational and clean store Minor cosmetic improvements could enhance presentation Wash-and-fold service in place but underutilized Opportunity to improve operational efficiency and service mix A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION