Commercial Laundry Business for Broker in Essex County, Massachusetts

Business:Commercial Laundry Business for Broker
County, State: Essex County, Massachusetts
Business Type: Dry Cleaning/ Laundry Services, Other Business Services

Summary Description

Great opportunity to grow this commerical laundry service. Plenty of room in building to add more washers and dryers or add a second shift to existing schedule with existing equipment. There are extra dryers available for use and they are included in the sale. 2000 Dodge cargo van included. Wife / husband owner job share and work approximately 35 hours a week. Current accounts include nursing homes, a federal account, school, beauty salons; and subshops. No problem finding employees. This business is small enough that owners can customize services for clients. Owners do not have time to focus on sales and marketing as they own another business. Great income for a 35 hour work week! Landlord may be willing to sell building.

About the Sale

Asking price: $230,000 (USD)

Financing: $120,000 down and 110,000 @ 7% over 3 years

Total Revenues: $273,027 (USD)

Cash Flow: $93,129 (USD)

Reason Selling: Other business interests

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.