Laundromat For Sale - Las Vegas, Nevada, NV - Clark County

PROFILE: Self Service Laundromat With Dry Cleaning Drop And A Laundry Route.

AD/LISTING INFORMATION
Status: Available
State: Nevada
Location: Las Vegas
County: Clark
City: Las Vegas
Primary Category: Service Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  132011
Seller Or Contact:  Freddie Mcfinn
Primary Phone:  702-217-5125
Alternate Phone:  702-208-6320
Email Address:  See Form Below
Date Ad Started:  11/21/08
Date Ad Last Revised:   11/21/08

FINANCIAL INFORMATION
Asking Price: $775,000
Down Payment: $450,000
Annual Revenue: $270,000
Annual Adjusted Net: $47,000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: No

DESCRIPTION: East Side Self Service Laundromat In Close Proximity To The Strip With Dry Cleaning Drop Off And A Laundry Route. The Route Services Hotels As Well As The Greater Clark County Area. There Are 61 Washers And 48 Dryers. The Washers And Dryers Operate On A Card System. Also Includes An Atm Machine, Vending Machines And Arcade Games. This Facility Was Built Brand New From The Ground Up With All Equipment Only 3 Years Old. There Is A 1099 Equipment Maintenance Tech That Is Scheduled To Service The Equipment Twice Per Week. There Is Also A Full Time Assistant Manager That Can Handle All Of The Day To Day Operations. The Seller States The Following: 1. That This Is A Spotless Facility With All Of Top Of The Line Equipment In Excellent Condition. 2. All Preventative Maintenance Is Scheduled In Advance. 3. This Is An Ideal Operation For A Family Or An Existing Laundromat Owner Looking To Expand. The Balance Of The Purchase Price In The Amount Of $325,000 Shall Be Amortized Over Ten (10) Years With The Balance Due In Five (5) Years. Monthly Payments Shall Be Approx. $3,917/03. In The Event That The Buyer Exercises An Option To Renew Then The Due Date Shall Be Extended To Ten (10) Years Instead Of Five (5) Years.

Leased Location Of 3,974 Square Feet With A Total Rent Of $6,206. Seller Is Active In Business With 2 Full Time And 2 Part Time Employees. $173,000 Leasehold Improvements. $1,500 Inventory, $468,000 Equipment And Fixtures, $29,400 In Other Equipment And Fixtures Including A 1999 Chevy Astro Van And $3,000 Accounts Receivable Included.

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