The following business has
been chosen as our “Pick of the Week”
because of the
special value it offers.
|
FABRIK KARE COIN
LAUNDRY |
|||
|
|
PRICE |
$ |
95,000. |
DOWN PAYMENT |
$ |
45,000. |
OWNER FINANCE |
+ ASSUME NOTE |
|||
|
SALES |
$ |
138,000. |
EXPENSES |
$ |
85,152. |
NET BEFORE LABOR |
$ |
52,848. |
||
| YEARLY SALES BREAKDOWN |
| SELF SERVE |
$ |
110,534. |
WASH & FOLD |
$ |
13,646. | .95/LB |
COMMERCIAL ACCTS |
$ |
-- | ||
|
VENDING |
$ |
13,320. |
DRY CLEANING |
$ |
NONE |
OTHER INCOME |
$ |
500. |
|
MONTHLY EXPENSES |
| RENT | $ | 3,233. | INSURANCE & LICENSES | $ | 134. | PARTS & REPAIRS | $ | 42. | ||
| GAS | $ | 713. | PERS. PROP & RE TAX | $ | 54. | DRY CLEANING | $ | 0. | ||
| ELECTRIC | $ | 632. | SUPPLIES & VENDING | $ | 1,160. | PHONE, TRASH, MISC | $ | 397. | ||
| WATER | $ | 781. | ||||||||
|
LAUNDRY EQUIPMENT |
| TOP LOADERS | 8 KENMORE | WATER HEATER | LOCHINVAR - NATURAL GAS |
| TOP LOADERS | -- | BILL CHANGER | AMERICAN $1-20 |
| DOUBLE LOADERS | 6 WASCOMAT JR | SODA MACHINE | 10 COLUMN - OWNED |
| DOUBLE LOADERS | 2 SPEED QUEEN | SOAP MACHINE | 8 COLUMN VEND RITE |
| TRIPLE LOADERS | 6 SPEED QUEEN, 2 WASCOMAT | VIDEO GAMES | 2 (50/50 SPLIT) |
| LARGER WASHERS | 2 WASCOMAT GIANT | OTHER EQUIPMENT | 1 ICE CREAM MACH - OWNED |
| GAS DRYERS | 11 MAYTAG 30-LB | OTHER EQUIPMENT | PILLOW VAC MACH - OWNED |
| GAS DRYERS | 8 CISSELL STACK | OTHER EQUIPMENT | 4 CAMERAS, DIGITAL SCALE |
|
OTHER INFORMATION |
| LEASE DETAILS | LEASE RUNS TO SEPT 2011 WITH ANNUAL 5% INCREASE. THEN ONE FIVE-YEAR OPTION WITH SAME TERMS. $2,200 SECURITY DEPOSIT. | ||
| SQUARE FOOTAGE | 1,920 SQ FT | TYPE OF BUILDING | STRIP CENTER |
| HOURS OPEN | 8-9 MON-FRI, 7:30-9:30 SAT-SUN. 3 EMPLOYEES MAKE $34,892/YR TOTAL. | ||
|
EXISTING MORTGAGES |
1) $26K $643.94/MO PAYMENT - ASSUMABLE 2) $21K PAID AT CLOSING | ||
| OTHER NOTES: | WELL MAINTAINED BUSINESS IN GOOD AREA. ABSENTEE OWNER HAS LITTLE TIME FOR THIS LAUNDRY. MUCH HIGHER NET POTENTIAL FOR HANDS-ON OWNER AND/OR ADDED COMMERCIAL ACCOUNTS. | ||
| DIRECTIONS TO LAUNDRY: | I-95 TO 6TH AVE EXIT. WEST TO HAVERHILL ROAD. RIGHT ON HAVERHILL TO LAKEWORTH ROAD. LEFT ON LAKEWORTH ABOUT 3/4 MILE TO 6207 ON RIGHT. | ||
| *Sales and Expense information was given to Commercial Sales by the Seller. Commercial Sales, a Licensed Real Estate Broker employed by the Seller, has not verified the accuracy of the information. Any offer to purchase this business should be contingent on documenting stated Sales, Expenses and Net Profit. Code: FABRIK KARE.006 | |||
To
contact us:
Toll Free Nationwide: (800) 442-9830
Email: info@coinlaundrysales.com
Fax: (954) 584-5688
Commercial
Sales
“Large
Enough to Serve You . . . Small Enough to Know You”