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Utah County Laundromat

Well established Laundromat started in 1980 with the current owner having run it for the past 4 years. It has a good reputation and conveniently located. It has dozens of coin operated washers and dryers of different sizes and varieties to accommodate different load sizes and needs of its customers. It also does dry cleaning although it is technically just a drop off and the dry cleaning is outsourced. The equipment is in good repair and has been maintained regularly.

The current owner has set up an extensive security system with cameras allowing him to observe the Laundromat anywhere from his computer. Sales and profits have grown every year and 2016 looks to be their best year ever.
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Please refer to listing ID: ABB15009

Industry:  Personal
Industry Segment:  Coin Laundry
Geography:  United States > Utah
Asking Price:  $595,000
Gross Revenue:  $177,907
Cash Flow:  $111,820
Cash Flow Type:  Seller's Discretionary Earnings
Value of Inventory:  $500 (Included in Asking Price)
Value of Equipment:  $80,000 (Included in Asking Price)
Value of Real Estate:  $250,000 (Included in Asking Price)
Year Established:  1980
Number of Employees:  1 PTE
Mgmt. Training/Support:  Seller will provide training during a reasonable transition period.
Reason For Selling:  Pursuing other ventures

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