30+ Year PHX Laundromat | Low Rent

THIS LISTING IS CURRENTLY UNDER CONTRACT AND EXPECTED TO CLOSE SOON. Turnkey opportunity in a high-demand with significant untapped upside potential and seller financing available. Family-owned & operated for over 30 years in a desirable, high-traffic location Immediate opportunity to raise prices, add wash & fold and delivery services, extend operating hours Seller willing to entertain seller financing offers with a sizeable cash down payment at closing Seller currently works just 8-10 hours/week, primarily opening/closing, light cleaning, minor equipment repair Seller is retiring and is willing to train the buyer on operations Cosmetic upgrades completed in 2021 to refresh the interior Formal P&Ls are not available. Sales figures derived from cash deposits; SDE is calculated by deducting electric, water, gas, rent, insurance, and parts & supplies Transaction does not qualify for SBA financing; listing broker can refer buyers to non-SBA lenders for financing assistance Buyers must complete an NDA and buyer profile to receive additional information Buyers may request diligence items after submitting proof of funds and seller's acceptance of an offer