SOLD This listing is a Laundromat based in the East Metro and is one of the higher volume Laundromats in the Metro Area. The equipment is well maintained. The bearings have been replaced on the older washers and the high capacity equipment is newer. An independent estimate to rebuild the location was performed and is well over the asking price. This Laundromat is being run mostly unattended, with automatic locks for opening and closing. There are many opportunities to grow sales including advertising, equipment upgrades, and offering other services such as wash and fold or dry-cleaning drop off.
High Volume Saint Paul Laundromat for Sale SOLD - SOLD
Business Name: | Arcade Laundromat |
Asking Price: | 895000 |
Categories: | |
Reason For Sale: | Leaving State |
Posting Date: | 03/06/2019 |
Gross Sales: | 384,000 |
Cash Flow: | 150,000 |
Facility: | The business operates in a 3,783 square foot location with a monthly lease of $11,000, which includes Water and CAM. A full equipment list is available |
Employees: | 1 PT |
Listing ID#: | 8203 |