Business To Buy

Profitable Coin Laundry with Shopping Center

Kansas City, Missouri
This coin laundry business with shopping center is ready for a new owner! The owner owns all the equipment so you can run the businesses yourself or lease them out to someone else.

Clean laundromat with new equipment and arcade games. They also provide a wash and fold service (pay by the pound) and currently have two employees. The convenience store is attached to the laundromat and accessible through a connecting door so it can be closed and locked if needed. The convenience store provides extra income by selling snacks, drinks, tobacco, etc., to people waiting on their laundry and customers who walk past the main city road the business is located on. There is a vacant space in the building that could easily be rented to another business operation or office.

This business is perfect for someone who wants to earn no hassle income for the long-run. The machines are new and the building has been remodeled. It is located in a great part of town for this type of business and is not affected by the economy.

Financials

Price: $400,000
Gross Income: $267,354
Cash Flow: $42,783
FFE: $554,038
Inventory: $0
Real Estate Value: $500,000

About the Business

Office Reference ID: #12-192
Year Established: 2015
Financing: Seller would consider seller financing a portion of the sale under the right circumstances.
Training: Owner will stay on for a period to help a new buyer into the business insuring a smooth transition.
Facilities:
Competition: There isn’t any competition (laundry) close in this part of the city. The business is located on the bus line and an easy walk from a main bus stop.
Growth: The building has an open business/office space that is connected to the laundromat and convenience store that can be rented out. The owners don’t advertise other than on the building itself. The building was just remodeled and new equipment put in but people nearby don’t know without walking in.
Business Listed By
Name: Roy Huffman
Company: First National Business Corporation
Phone: (866) 800-0990

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