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Laundry Business and Real Estate

Muncie, IN (Delaware County)

Laundry Business and Real Estate
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Asking Price: $350,000

Cash Flow: N/A

Gross Revenue: $160,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $150,000

Established: 1955

Laundry Business and Real Estate

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Business Description

Well established laundromat over 50 years

White Spot offers a self service laundromat, drop off service, and outsourced dry cleaning to residential and commercial clients in the Muncie area. As a result of over 50 years of business, White Spot is well know for their quality services and knowledgeable staff.
When a new owner buys the business s/he will get the benefits of an attractive website, Facebook page and Instagram account along with highly trained laundry attendants, large repeat client base and a great reputation. All of these will keep the company growing while the new owner puts new growth plans into place.
Outstanding Dexter equipment all in great condition. Conveniently located close to Ball State University and Downtown Muncie. 24 hour laundromat with attended hours 7 days a week 8am-6pm.

Detailed Information

Location:
Muncie, IN
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,515
Employees:
2
Facilities:
Sale includes: lot, building, rental unit ($800/mo), and all equipment. 3,515 total square feet (900 sq ft leased) WASHERS 4 Dexter 300 18lp 8 Dexter 400 Express 30lb. 2 Dexter 600 40lb. 1 Dexter 600 40lb. 2 Dexter 900 60lb. 1 Dexter 1200 80lb. DRYERS 2 Dexter stack 50# dryer 1 Dexter single 80# dryer 6 Dexter stack 30# dryers MISCELLANEOUS 1 3000 quarter changer 1 3000 quarter changer 1 Hamilton Engineering EVO 99 water heater 1 Soap vending machine 1 cash register Misc Folding tables/Se
Competition:
There is limited competition with older laundries in the area.
Growth & Expansion:
The potential for growth largely depends on the new owner. Further developing commercial accounts and pick-up delivery services, as well as, an effective advertising campaign could enhance the revenue stream.
Support & Training:
2 weeks
Reason for Selling:
Other business interest
Business Website:
http://whitespotlaundry.com
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Business Listed By:
Brian Shrieve

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