A great passive investment.
Facilities: 3000 sq ft in a very busy mall location. Lease runs for three years with two five year renewal options. Current rent is $5104 per month. Excellent parking and traffic flow.
Competition: Because of accessability and convenience of its' location this store competes well with other area laundries. Equipped with 46 washers, 42 dryers, security system, vcr system and four tv sets, large furnished waiting area. This is a very convenient and inviting store.
Seller Financing Available: Yes
Financing: 50%
Support/Training: Two weeks
Reason Selling: other interests
| Asking Price | $520,000 | Inventory | $3000** |
|---|---|---|---|
| Gross Income | $260,000 | Real Estate | |
| Cash Flow | $100,000 | Year Established | 2002 |
| FF&E | N/A | Employees | N/A |
*Included in asking price
**Not included in asking price
To Inquire, Please Contact Michael at (360) 772-8265