Description of the business for sale
This listing is for a busy laundry mat located in the Joliet/Plainfield area of Illinois that is available to a qualified buyer. The seller will entertain all reasonable cash offers. The business is on a main through fare that sees a great deal of traffic daily and the business offers a buyer a 35% return. Over $160,000 in assets are to be transferred with the sale of the business which includes 35 washers and 15 dryers. The company also offers drop off service. The adkusted debt-free cash flow for an owner/operator would have been $52,000 for 2010. The owner is able to run this business without having to spend too many hours at the location as well. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone on by email.
Support / Training provided by seller
Owner will train the buyer for 4 weeks at no cost.
Description of the facilities
Assets to be transferred with the sale of the business:
FF&E: $136,250
Leaseholds: $40,000