Turn-Key Laundromat with RE

Laundromat for sale in Phoenix, AZ, asking $1,315,000. The seller reports gross revenue of $554,709, cash flow (SDE) of $275,608. That prices the business at about 4.8x cash flow, with a 50% cash-flow margin on revenue. The business was established in 2013, giving it 13 years of operating history, and runs with 7 employees. The sale includes $335,000 of furniture, fixtures and equipment and real estate valued at $675,000, about 25% of the asking price. Reason for selling, as reported: family health. 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.