This listing is a Laundromat based South Minneapolis. The equipment is all less than 2 years old. This Laundromat is being run mostly unattended, with automatic locks for opening and closing. Some competition came into the area and initially affected sales, but the competition has already been absorbed, and customers are coming back. There are many opportunities to grow sales including advertising and offering other services such as wash and fold or dry-cleaning drop off.
Newly Retooled Laundromat for Sale South MPLS - SOLD
Business Name: | Giant Wash |
Asking Price: | 839,900 |
Categories: | |
Reason For Sale: | Other Businesses |
Posting Date: | 12/14/2018 |
Gross Sales: | 334,000 |
Cash Flow: | 138,500 |
Facility: | The business operates in a 4,495 square foot location with a monthly base lease of $4,775. The lease is extended out to 2033, with very low increases. A full equipment list is available. |
Listing ID#: | 8197mt |