Laundromats (7) Totally Upgraded
Reliable and Low Operating Cost
Crossett (1), El Dorado (2), Fordyce (1), Pine Bluff (3) AR
Business Description
Cash Flow Provides Income + Debt Service
The Owners have developed over 20 laundromats and used their experience to make these units as maintenance free and profitable as possible while providing a quality customer experience. They are selling this group of laundromats to focus on Northwest Arkansas.
The real estate at 4-5 of the locations is available for purchase or long term lease. All other locations have long term leases with renewals at favorable rates.
Note: Seventh location opened January 15, 2018 – Sales and Cash Flow for new location and increases in other six locations not reflected in the figures below.
The indications from the first quarter of 2018 forecast combined sales of $750-800,000 for 2018 for the seven locations.
Asking Price/Business Only
$1,500,000
Asking Price/With Real Estate
$2,100,000
Real Estate Available W/Laundromats
FFE $450-500,000
Sales $591,853
Cash Flow $237,575
Contact Richard Roberts 479.689.4455 Ext 11 or richard@aegis-email.com