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Listing 16244

Business Type: Laundromat, Seller Financing
Location: Austin
Asking Price: $275,000
Gross Sales: $210,000
Net Income: $55,628
3 Years Average Cash Flow:
Down Payment: $275,000
Status: Sold
Score: 75%
ROI: 20%
Details: Rare opportunity to acquire this established Laundromat. Well equipped with 30 Frontload and 12 Top-load washers, 18 Stack Dryers, and assorted carts, chairs and tables. Equipment also includes Soap, Soda, Snack vending machines and POS computer, monitor and printer. This is a semi-absentee owned business with 4 part time employees, with a healthy return on investment. An active owner could earn additional profits by spending more time at the business. Priced at industry standard 125% of annual sales this business is offered for all cash. Seller may consider financing up to 20% of the price to a well qualified Buyer.
Agent: Sunil Z. Verma contact at 512-800-7085

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