Property Description

Busy area with a whole lot of rental buildings; it is close to everything. The business has 9 years of lease remaining. The owner is flexible; all needed information is available upon request. Gross annual income (2025): $302,000.00. Net income after expenses: $87,000.00. Annual Rent: 90,000.00. Annual Electricity payment: $ 25,200.00. Annual gas payment: $ 18,000.00. Annual water payment: $45,000.00. Salary/Payrooll $37,800.00. Total expenses: $215,200.00Equipment inventory: Commercial stack-up dryers: 24; washing machines: 18lbs (18)Machines, 24lbs (4),32lbs (2); fire extinguishers: (4); customer scale (1),Stand-up Shell: (2), Folding Center tables (4), Ceiling ventilator (3), Clothing Carrier Basket: (22). The lease has 9 years left.

Property Features