Passive Investor Owner Coin Laundry

This Coin Laundry is a great jumping off spot for a passive investor. It is fully attended and can generate $2,000 per month profit with minimal management of attending staff. The lease conditions are favorable for a laundry this size and the utility expenses are extremely favorable. Utilities were running at 15.8% of sales for 2021. Other revenue streams exist for this cash business. For more information contact Rick Gilmore direct 205-369-5584 or connect at rickg@sunbeltnetwork.com Location: Birmingham, Alabama Year Established: 2009 Number of Employees: 2 PTE Real Estate: Leased Building Sq. Ft.: 1,200 Rent: $1,212.00 Per Month Facilities: 1,200 sq. ft. leased space