Turnkey, Modern Coin Laundry with Real Estate

Name: Turnkey, Modern Coin Laundry with Real Estate
Brand: Transworld Business Advisors
Price: 2950000 USD
Availability: InStock

Listing Number: 5182-337575

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Listing Details

Price: $2,950,000

Location: Knox County, Tennessee

Down Payment: $2,695,000
Sales: $694,526
Seller's Discretionary Earnings: $0
Inventory: $0
Furniture, Fixtures, and Equipment: $500,000
Employees: 5
Year Established:
Reason for Selling: Other Interests

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Business Listed By

Doug Kose

(865) 315-7327 [email protected]

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Business Description

For sale is a modern, clean, updated coin and card operated laundry in a high-traffic metro area with strong renter demographics. The business has been
well maintained, with a number of new machines in place. It is staffed by a manager and four part-time
employees, making it a turnkey, semi-absentee operated business. Owner spends 5-10 hours per week working in the business.

Sales and profitability have risen steadily under current ownership, and now the Owner is ready to transition to the right buyer to focus on other business interests. Proof of funds required to receive business details. Real estate valued at $650,000 included in asking price. Only serious buyer inquiries.