Established Laundromat Business & NNN Real Estate

Undisclosed Address, Louisiana
Business Opportunity for Sale
Catylist Listing ID: 30771708
Property Subtypes: Personal
Building Size (RSF): See Agent
Sale Price: $1,200,000
Name of Establishment: Laundromat Zone
Year Business Established: 2018
Gross Revenue: $430,000 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 11/8/2021

Overview / Comments

Newly constructed and tenanted, 4500 Old Gentilly Road offers a NNN leased investment property along with a highly successful washateria business for sale. Currently the owner of the building operates the Landrumat Zone Washateria, which was established in 2017 and has proved highly successful. Metro PCS and PeeWee CrabCakes are on NNN leases. The property was developed in 2017, and is in close proximity to a number of national retailers and commercial establishments, including dollar stores, restaurants, retailers, hotels, etc. The property has unimpeded access to I-10 and I-610, and is within a 15 minute drive to nearly the entire New Orleans MSA (see drive time map). The Business requires virtually zero day-to-day management and is completley automated.

Business P&L statements, inventory list, etc. are available upon request. Ownership is willing to remain on-site for several months to facilitate the transfer.

Additional Details

Industry Segment: Coin Laundry
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0

Contact

Photograph of Listing Agent

Aaron Kazanoff

ben + burka New Orleans, LA 70115
LACDB Member
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