Coin Laundry - New Development

Ref ID: 1023SOLD

Industry
Sold Listings

Financial Information

Asking Price: $ 300,000
Annual Receipts: $ 255,900
Cash Flow:
Sellers Discretionary Earnings		 $ 53,000
FF&E (Included): $ 389,000
Inventory (Not Included): Not Available
Real Estate Available: No
Value of Real Estate: Not Available

Business Summary
31 washers and 18 dryers with vending located intown, international district. Year 1 reenue based on 4.5 turns a day, net is 53k after debt service. Great Passive Investment opportunity.

Facilities 5000 square feet, 5,000 month rent - inclusive

General Information

Reason For Sale: New Development
Franchise: No
Homebased: No
Relocatable: No
Year Established:
Year Acquired:
Employees: 0

For more information, please contact:
Sunbelt Atlanta
Ray Boreham, CBI
Phone: 770-936-9099
Fax: 770-936-0405
rboreham@sunbeltatlanta.com

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