This business is a two location, coin operated laundromat located approximately an hour south of Minneapolis/St.Paul Metro. The Real Estate of one of the locations is included in Sale and required for acquisition. The current owner has kept clean and well-maintained stores with updated machines and a loyal customer base. The facilities are both located in a high traffic areas within the community. The locations both have auto-open and close locks. There is no competition in the area, the seller has cornered the market.
2 Location laundromat for Sale with RE, 1 hour South of Twin Cities - SOLD
Reason For Sale:
The Business operates in two locations. One owned by the seller and included in the sale at a 10% CAP rate. The other is a very nice leased location with cooperative landlords who are willing to extend the current lease.