Coin Op Laundromat Wanted

Ive been researching purchasing a laundromat business for the past year and a half. I am looking for laundromat owners that have had enough and are ready to get out of the biz. I am not a broker, just a young person trying to make the leap into small business ownership. From all that Ive heard and read, Laundromats are solid, stable businesses. I am looking for a business valued at approximately $275,000 to $300,000, meaning it nets about $6,000 a month. Now heres the rub, Im only able to offer up $50,000 as a cash down payment, and if the business has clean financial records, and can prove its income, Im hoping the owner/seller will be amendable to carrrying a note in the amount of $225,000, satisfied in the knowledge that the business will continue to grow and prosper. Further, they will be no need to pay a business broker a commission to negotiate this deal.

Once again, Im not a broker, and I do not wish to be contacted by brokers, only laundromat owners themselves. Lets just cut out the middle man and make this happen on our own.

If you interested, please respond to the email on this post.

Looking forward to speaking with you.

Location: Mid Wilshire/Koreatown its NOT ok to contact this poster with services or other commercial interests