BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$390,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$97,923
Net profit / cashflow:
$61,123
Years established:
2003
Trading hours:
Mon - Wed - Fri - 9AM - 6PM
Tue - Thur - 9AM - 9PM
Sat - 9AM - 5:30PM
Number of employees:
2
Business website:
OTHER DETAILS
Reason for selling:
Seller moving on to new ventures
Support and training:
2 weeks
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
VR Business Sales in Edmonton AB presents: Attractive coin laundry business for sale in Spruce Grove area. Offers wash/dry/fold services in addition to coin service. Lots of opportunity to grow this business. Excellent location with great accessibility. This laundromart business for sale has 17 washers and 17 dryers with space for expansion. Good clientele with oil field services company. Business specializes in doing commercial work cloths as well. All machines are in good condition and average of 3 years old. Lots of potential to also makes income from arcade games, vending machines, etc. . Easy to operate and lots of opportunity to further grow this business.
Seller also owns the property. Property is included in the price of sale. Attractive location with lots of room for parking. Property was recently renovated with new siding, signs, roof, etc. Must see to realize the value. Seller is motivated and will look at all serious offers.
Expansion Potential
Excellent location that is easily accessible. Most equipment are approx. 3 years old. Business price includes real estate. Good opportunity to increase sales by adding new services and extending operating hours.
Market / Competition / Non-Competition Agreements
Attractive coin laundry business located in bedroom community just outside of Edmonton. Been est. for over 10 years. Full turn key operation with all equipment and steady client base consisting of commercial and retail clients.