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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$125,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Are you seeking an exciting business opportunity in the laundry industry? Look no further! We are thrilled to present a fantastic laundromat for sale, catering to the laundry needs of the local community. Whether you're an experienced business owner or a budding entrepreneur, this could be the perfect venture for you! The laundromat boasts a loyal customer base and has been a go-to destination for laundry services in the area. Situated in a highly visible area with ample parking, this laundromat enjoys excellent foot traffic and accessibility. Equipped with top-of-the-line washers, dryers, and folding stations, this laundromat provides customers with efficient and high-quality laundry experiences. With strategic marketing efforts and the potential to introduce additional services, there is room for expansion and increased profitability. Seize this exciting opportunity to become the proud owner of a thriving laundromat! Act now and embark on a rewarding business journey that combines community service with profitable entrepreneurship. Don't miss out on this incredible laundromat for sale! (id:39198)
Location
Province
British Columbia
City
Princeton
Address
136 Tapton Avenue Unit# 6
Postal Code
V0X1W0
Location Highlights
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Listed by
Century 21 Horizon West Realty British Columbia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
1,219
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$125,000
Asking Price
$125,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
1,219
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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