COMMERCIAL LAUNDRY FOR SALE
Undisclosed Address, Narragansett, RI 02882
Business Opportunity
for Sale
Catylist Listing ID: |
30785045 |
Property Subtypes: |
Business Services
|
Building Size (RSF): |
2,400 SF
|
Sale Price: |
$800,000 |
In Opportunity Zone? |
Yes |
Name of Establishment: |
NAME OF RECORD |
Business Website Address: |
ADDRESS OF RECORD |
Franchise Parent Name: |
N/A |
Year Business Established: |
2012 |
Gross Revenue: |
$0 (Annual) |
Cash Flow: |
$0 (Annual) |
Relocatable Business: |
Yes |
Home Based: |
Yes |
Sale Terms: |
SALE OF BUSINESS, LEASE BACK LOCATION. |
Last Updated: |
5/18/2022 |
Overview / Comments
TURNKEY COMMERCIAL LAUNDRY BUSSINESS AVAILABLE IN SOUTH COUNTY... NO DEBT, (21.9% CAP RATE), $350,000.00+ IN EQUIPMENT, $50,000,00+ IN RENTAL INVENTORY, 70-80 CLIENT BOOK OF BUSINESS, 7 EMPLOYEES, 4 DELIVER VANS... LOCATION, LEASE BACK AVAILABLE... THIS COMPANY IS READY FOR THE 2022 HOSPITALITY SEASON WITH OPERATIONS PRODUCING UP TO 5000 LBS OF FINISHED PRODUCT IN AN 8 HOUR SHIFT... SELLER WILL ASSIST BUYER WITH ON SITE TRANSITION... ALL FINANCIAL INFORMATION REQUIRES AN EXECUTED CONFIDENTIALITY AGREEMENT... EASY SHOW!...
|
Additional Details
Industry Segment: |
Commercial Laundry |
Reason for Selling: |
RETIREMENT |
Value of Inventory Included ($): |
$0 |
Value of Furniture, Fixtures, and Equipment ($): |
$0 |
Real Estate Status: |
Real Property |
Value of Real Estate Included ($): |
$575,000 |
Real Estate Lease Description: |
LEASE BACK FROM SELLER. APROXIMATE $3000.00 NNN PER MONTH.
BUSINESS AND PROPERTY AVAILABLE, $1,375,000.00.
OWNER FINANCING AVAILABLE. |
Employee/Labor Description: |
7 FULL TIME EMPLOYEES.
SELLER WILL BE AVAILIABLE FOR TRANSITION SUPPORT. |
Mgmt/Training Support Description: |
YES! |
Competition/Market Description: |
RESTAURANTS AND SEASONAL RENTAL INDUSTRY.
DROP OFF/ RENTAL LINEN SERVICE.
|
Growth/Expansion Opportunities: |
YES! |
Seller Financing Description: |
POSSIBLE! |
© Copyright 2001-2022 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither East Coast Commercial Property Network nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|