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Commercial Laundry For Sale In Phoenix For Sale

Phoenix, Arizona, US
Asking Price:
$1,395,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$100K - $250K (USD)

Commercial laundry in existence since 1956. Approx. 150 accounts. For sale: commercial accounts & existing business value, equipment, linen, supplies, 4000 sq ft building and 2 commercial lots located right on washington street in phoenix. Property is in an existing fed economic opportunity zone and phoenix redevelopment. Great for 1031 exchange. Family owned business since 1956.

Property Information

Real Estate:

Real Property Included

Location:

On Washington Street near 16th Street - prime phoenix property in growing development zones

Premises Details:

4000 square foot metal building on one commercial lot plus an additional adjoining vacant lot

Size in square feet:
15700 sq ft
Planning Consent:

C3 (best zoning available)

Business Operation

Expansion Potential:

There is an adjoining vacant lot next door that the business can expand into

Competition / Market:

Small commercial laundries are hard to find. This commercial laundry has never advertised or had a sales force. They have operated since 1956 by referral.

Reasons for selling:

Owners wish to retire

Trading hours:

mon to friday 6:00 to 4:00pm

Employees:
20
Years established:
63 years

Other Information

Support & training:

owner will train and support up to 3 to 6 months with compensation

Furniture / Fixtures value:
$125,000 (USD) - included in the asking price
Inventory / Stock value:
$50,000 (USD) - included in the asking price
Related Documents:
Relocatable:
This business can be relocated.

Contact Information

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