Gross sale: $4800/Week,

$249,600 Gross sale.

Expense $134,600

Cash Flow $115,000.

ASKING $320,000(PRICE JUST REDUCED FROM $375,000)

Lease 8 years, increase per year  3% or CPI whichever higher

Rent $4500.00, (addition of RE tax estimate $1000-$1500)

Payroll: part time @250.00/week

Water: 3000/month

Gas/Electric $2200/month

Insurance: $1300/year

Accounting $1800/year

Parts $500.00

Service charge: $500/year

Washer & Dryer  about 15 years old.

Washer 38 units

W75(18lbs)---19ea @1.75

W125(35lbs)---11 units @3.50

W185(50 lbs)--- 8 units @4.50

Dryer 30lbs total 40 units @25 cents per 8 min.

Wash & Fold  @0.70/lbs

Open hours: 7 to 10PM weekday. 

Almost no competition nearby Laundromat.