File Number-#0685 | Location-Toledo, Ohio | Gross Sales-$240,000 | Cash Flow-TBD | Business Price-$325,000 | Down Payment-$125,000 | Monthly Payment-$1,911.30 | Interest Rate/Amortization-8% int., amortized over 180 months, balloon due in 60 months | License Required-Sales, Boiler | Inventory Value-$500 | Employees Part Time-3 | Date Established-2000 | Hours of Operation-8am-9pm | Rent-$2,300 Gross | Lease Period-New Lease Required | Reason for Sale-Absentee owner that lives out of State.
This is a great opportunity to own a well-established Coin Laundromat in Toledo, Ohio! Established in 2000, this 3,500 sq. ft. Laundromat is located on a highly traveled road near plenty of residential homes, commercial businesses and over 10,000 apartments within a 3-mile radius. This Laundromat used to do over $360,000 when the owner was involved and has the potential to gross over $400,000 annually with an involved owner/operator. Current owner is not involved in the day-to-day operations and is being run absentee! All equipment is in excellent condition and maintained regularly! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding a website, arcade games, vending machines, retail items, dry clean drop-off, weekly specials, commercial accounts and expand the hours, you have HUGE potential to make a nice, solid income. A must see/must have business that WILL-NOT last long on the market! Don’t miss out on this great opportunity!! Turn-key operation only needing a new owner/operator! Seller will entertain all reasonable offers!