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Laundry Service - SOLD

Location: Wilmington, NC

ID: (#200823)

This Business Has Been Sold.
200823
Price:$225,000
Revenue:$120,000
Cash Flow:$1
FF&E (Assets):$78,000
Inventory:$2,000
Real Estate:$0

Overview

This is a niche laundry business that services commercial and residential clients from Bald Head Island to Surf City and everything in between.

Centrally located in Wilmington, in a completely renovated, free standing building. Real estate not included but optional for sale. Eight commercial washers and eight dryers, a professional steamer, and a delivery van are included in the sale. All equipment less than 1 year old.

Currently running only one shift, which leaves ample room for growth. Additionally, space and plumbing prepared for two more washers and two more dryers.

This is a turn key business with a proven concept and great reputation. The owner was looking to retire and started this as a small side-gig, not anticipating the high market demand. This business needs an entrepreneur with customer service skills that can handle the exponential growth.

Details

Reason for Selling:

Retirement

Established:

2020

Employees:

6

Furniture, Fixtures, and Equipment (FF&E):

Washers, dryers, steamer, van, other furniture

Facilities:

Real Estate optional for sale

Inventory:

Cleaning supplies

Competition:

Nobody that offers the same service.

Opportunities for Growth:

Exponential growth now and high demand, new owner can add another shift.

Support and Training

Seller will train the new owner as required.

Broker Contact Information

  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (910) 520-0737 Office
  • (910) 623 9033 Fax
  • Appointment Only:
  • NC #282486
  • North Carolina - Wilmington
  • By Appointment Only
  • 1314 Culbreth Dr
  • Wilmington, North Carolina 28405
  • Real Estate Broker: NC #282486