Passive Income! Laundromat for Sale in Minneapolis

Laundromat for sale in Minneapolis, MN, asking $99,000. The seller reports gross revenue of $59,672, cash flow (SDE) of $10,266, net profit of $627,908. That prices the business at about 9.6x cash flow, with a 17% cash-flow margin on revenue. The business runs with 5 employees. The sale includes $90,000 of furniture, fixtures and equipment and real estate valued at $2,200,000, about 91% of the asking price. Reason for selling, as reported: relocation. This listing is published by BusinessBroker.net. Figures are as reported by the seller or broker and are not verified by SudsList. Open the original listing to see the full details and contact the seller.