Description
Long standing laundromat business established in 1985 and located on busy, high traffic count Garden Valley Blvd. 16 Machines are only 5 years old and have 10 years of life left. Another 14 units are in good condition. (56 Total units.) This industry is changing and the new Buyer must keep up with consumer trends, new technology and eco friendly systems, but can be very lucrative. Experts recommend installing flat screen TVs, Wi-Fi, charging stations, eco friendly detergents for sensitive skin, vending machines and key-entry system and using loyalty cards or programs for customers to earn credits and rewards. Upfront capital expenditures will take time to see return on investment. LEASEHOLD INTEREST ONLY. This listing is for the business only. The building is not included and the space is leased by the laundromat. Laundromat has 3-Phase Power with 208 Volts and 480 Amps service.
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0BEDS
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0.83ACRES
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0BATHS
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01/2 BATHS
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2,700SQFT
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$74$/SQFT
School Ratings & Info
Description
Long standing laundromat business established in 1985 and located on busy, high traffic count Garden Valley Blvd. 16 Machines are only 5 years old and have 10 years of life left. Another 14 units are in good condition. (56 Total units.) This industry is changing and the new Buyer must keep up with consumer trends, new technology and eco friendly systems, but can be very lucrative. Experts recommend installing flat screen TVs, Wi-Fi, charging stations, eco friendly detergents for sensitive skin, vending machines and key-entry system and using loyalty cards or programs for customers to earn credits and rewards. Upfront capital expenditures will take time to see return on investment. LEASEHOLD INTEREST ONLY. This listing is for the business only. The building is not included and the space is leased by the laundromat. Laundromat has 3-Phase Power with 208 Volts and 480 Amps service.
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