Laundromat - Eastern Allegheny County

Pennsylvania
Allegheny County


Listing Type: For Sale By Broker
Category: Services: Dry Cleaning & Laundry
MLS #: JR710552

Description:
A Laundromat ($75,000 + Real Estate at $215,000), established 12 years, located Outside of the City of Pittsburgh, in the Eastern Allegheny County suburbs.  Equipment is in Excellent condition and includes 12 double load washers and 12 double load dryers.  Business is open only 5 days per week.  Hours are 7:00 to 7:00.  Facility has up-to-date, top quality security systems in place.  All vending machines - soap, change, beverages, snacks are owned and included in the sale.  

Buyer must purchase real estate along with the business.  Real estate is a 3 story building, with 3 apartments and a garage, all rented.  Garage has utilities and is heated.  There is space to add a 4th apartment.  A spacious, attractive office could be used as the base for another business of Buyer or could be used to add another business.  Current rental income is $18,600 / year.  A very strong, passive income stream.  As a result, the business would have no rental costs.   Potential buyer's must establish financial capability to purchase the package, should they choose to do so, before the name or precise location is disclosed.


Pricing Information
Asking Price: $75,000 FF & E: $140,000
Gross Revenue: $ Lease/Rent: $0
Cash Flow: $0 Inventory:
Adjust Net Income: Real Estate: None
Monthly Payroll:


About The Business
Style: This property is owned.
Year Established: 1997 Lease/Rent: $0
Full Time Employees: None Part Time Employees: None
Size (square feet): 1,100 Lot Size (acres):


About The Sale
Reason for Selling:
Semi-retirement
Is Financing Available?
Perhaps
Is Owner Willing To Train/Assist New Owner?
Yes
Is This a Home Based Business?
No
Is This a Distressed Business or Bankruptcy Situation?
No
Details: James Reitz
Company Name: Business Ventures
Phone Number: 412-521-6575
Fax: 206-309-1594
Cell Number:
Email The Seller: Click Here
A Laundromat ($75,000 + Real Estate at $215,000), established 12 years, located Outside of the City of Pittsburgh, in the Eastern Allegheny County suburbs.  Equipment is in Excellent condition and includes 12 double load washers and 12 double load dryers.  Business is open only 5 days per week.  Hours are 7:00 to 7:00.  Facility has up-to-date, top quality security systems in place.  All vending machines - soap, change, beverages, snacks are owned and included in the sale.  

Buyer must purchase real estate along with the business.  Real estate is a 3 story building, with 3 apartments and a garage, all rented.  Garage has utilities and is heated.  There is space to add a 4th apartment.  A spacious, attractive office could be used as the base for another business of Buyer or could be used to add another business.  Current rental income is $18,600 / year.  A very strong, passive income stream.  As a result, the business would have no rental costs.   Potential buyer's must establish financial capability to purchase the package, should they choose to do so, before the name or precise location is disclosed.



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