CAREY COMMERCIAL, INC. BUSINESS & INVESTMENT PROPERTY 46 MAIN STREET HYANNIS, MA 26 Contact: Cecelia Carey 58-79-89 Ext. 5 cecelia@careycommercial.com The LAUNDRY CENTER OF CAPE COD For Sale! 897 Route 28 South Yarmouth, MA 2664 COIN OPERATED LAUNDRY CENTER Immaculate laundry center featuring 3 washers and 3 dryers in a 3,6 SF facility built in 994. The location is surrounded by roughly 2, three season homes off popular south side beaches and is one of the most active tourism areas on the Cape. The current owners chose not to enter into the field of commercial accounts even though there are 3,+ motel and hotel rooms within a five mile radius. The site is on a corner location with frontage on two street and a total of. acres. It has an on-site water recycling system in addition to the private septic system. Municipal water services the site. The recycled water is cleaned through a multi-tank system that incorporates ultra violet light cleansing. EQUIPMENT, EMPLOYEES & OPPORTUNITY Seller will offer training to new buyers post closing and available for consultations thereafter. 3 Washers / 3 Dryers using a token system. Several drop off accounts with local schools and businesses exist. Drop-off service is $.35 per pound with a 2 pound minimum. 4 35lb Ipso washers $5. 2 8lb Huebsh washers $3.75 75lb Ipso washer $9.5 3 5lb Ipso washers $6.5 Each machine on the premise has a back up replacement motor. The Laundry Center is run by 2-3 employees in the off season and 4-5 in the summertime. There are 3 areas of opportunity for an owner operator purchaser;. expand the business to commercial accounts, 2. the presence of an owner operator will decrease overhead and 3. expand business operations to include dry cleaning drop off services. The business has been a consistent money maker since it opened in 994. It sits on a very visible corner location that is clean and bright and attracts a clientele that appreciates doing laundry in a clean, quiet and safe facility. Open Monday thru Friday 7:3 AM to 8:. Saturday & Sunday 7:3 to 5:.
CAREY COMMERCIAL, INC. BUSINESS & INVESTMENT PROPERTY 46 MAIN STREET HYANNIS, MA 26 Contact: Cecelia Carey 58-79-89 Ext. 5 cecelia@careycommercial.com Notice: Kindly respect that correspondence or communication of any form to the Laundry Center of Cape Cod, Inc. its owners, stockholders, employees, or professional services firms shall not occur until such time that prior written permission is granted by Carey Commercial, Inc. Such written permission will specify the person for contact. All correspondence shall be directed to Carey Commercial, Inc. Business & Investment Property. For further information contact: Cecelia Carey 46 Main Street, Hyannis, MA 26 Phone: (58) 79-89 Email: Cecelia@careycommercial.com NOTICE OF CONFIDENTIALITY Carey Commercial Business & Investment Property represents The Laundry Center of Cape Cod, Inc. on an exclusive basis. The information presented in this document is highly sensitive and confidential and is for use only by those who have signed a Confidentiality Agreement for the purpose of considering the business described therein for acquisition. This Confidential Business Review and the information presented shall be treated as Secret and Confidential and no part of it shall be disclosed to others, except as provided in the Confidentiality Agreement. The Confidential Business Review cannot be reproduced, duplicated or revealed, in whole or in part, or used in any other manner without the prior written permission of Carey Commercial Business & Investment Property or our Client Company. Should there be no interest in the business as an acquisition, the Confidential Business Review and all information shall be promptly returned to Carey Commercial., Inc. DISCLAIMER The information contained in this Confidential Business Review, including but not limited to the executive summary, business description, corporate history, organization, facilities, and financial statements has been supplied by our Client. Carey Commercial Business & Investment Property has not audited or otherwise confirmed this information and makes no representations, expressed or implied, as to its accuracy or completeness or the conclusions to be drawn and shall in no way be responsible for the content, accuracy, and truthfulness of such information. By requesting the Confidential Business Review, the recipient acknowledges the responsibility to perform a due diligence review prior to any acquisition of or business combination with the Client Company. THE INFORMATION PROVIDED HEREIN IS GATHERED FROM SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY BUT WE DO NOT GUARANTEE IT. BUYER SHOULD VERIFY ALL INFORMATION PRIOR TO SALE. YOU AND YOUR ADVISORS SHOULD CONDUCT A CAREFUL AND INDEPENDENT INVESTIGATION TO DETERMINE TO YOUR SATISFACTION THE SUITABILITY OF THE PROPERTY FOR YOUR NEEDS.
CAREY COMMERCIAL, INC. BUSINESS & INVESTMENT PROPERTY 46 MAIN STREET HYANNIS, MA 26 Contact: Cecelia Carey 58-79-89 Ext. 5 cecelia@careycommercial.com The LAUNDRY CENTER OF CAPE COD 897 Route 28 South Yarmouth, MA 2664 For Sale! Standard Dual Coin Changer Laundry Soap Dispenser Alarm System Private Manager s Office Full Bath with Shower Half Bath Concrete Slab Floor Electrical 4 amp circuit breakers / 28 Volt 3 Phase Ceramic Tile Floors Oversized Double Hung Windows Heat by Gas FHA Air Conditioning Roof: Asphalt Shingle 994 Real Estate Taxes: $4,637.48 THE INFORMATION PROVIDED HEREIN IS GATHERED FROM SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY BUT WE DO NOT GUARANTEE IT. BUYER SHOULD VERIFY ALL INFORMATION PRIOR TO SALE. YOU AND YOUR ADVISORS SHOULD CONDUCT A CAREFUL AND INDEPENDENT INVESTIGATION TO DETERMINE TO YOUR
Property Location: 897 ROUTE 28 MAP ID: 4/ 46/ / / Bldg Name: State Use: Vision ID: 443 Account # Bldg #: of Card Print Date:2/3/24 7:3 CURRENT OWNER el TOPO. Description 4675 Sec #: of of UTILITIES STRT./ROAD LOCATION CURRENT ASSESSMENT THE LAUNDRY CENTER OF CAPE CO Level 2 Public Water Paved 4 Bus. District Description Code Appraised Value Assessed Value C/O LAUNDRY CTR OF CAPE COD IN COMMERC. 29, 29, 85 897 ROUTE 28 COM LAND 243, 243, YARMOUTH, MA COMMERC. 9,9 9,9 SOUTH YARMOUTH, MA 2664 Additional Owners: THE LAUNDRY CENTER OF CAPE COD INC TR GOLIA GERALD E TR INVERNESS REALTY CORPORATION INC MANCINI VETRANA M TRS STANLEY THOMAS S 4 Gas 6 Septic SUPPLEMENTAL DATA Other ID: 28/ J/ / / VOTE MISC 9 VOTE DATE CHANGES PRIVATE RO BETTERMENT PLAN NUMBER885-B ZIP CODE 2664 GIS ID: M_3744_82347 ASSOC PID# Total 46,9 46,9 RECORD OF OWNERSHIP BK-VOL/PAGE SALE DATE q/u v/i SALE PRICE V.C. PREVIOUS ASSESSMENTS (HISTORY) 232/ 25 7//28 U I 725, C Yr. Code Assessed Value Yr. Code Assessed Value Yr. Code Assessed Value 8786/ 79 7//24 U I 65, C 24 29,23 29,22 536/ 6 7/2/22 U I 7, C 24 243,23 243,22 938/ 28 2/5/994 U I 9, G 24 9,923 9,922 2/4/994 U I VISION Total: 46,9 Total: 46,9 Total: 476, EXEMPTIONS OTHER ASSESSMENTS This signature acknowledges a visit by a Data Collector or Assessor Year Type Description Amount Code Description Number Amount Comm. Int. 42,2 324, 9,9 APPRAISED VALUE SUMMARY NBHD/ SUB K/A CAPE COD LAUNDRY I/A Total: ASSESSING NEIGHBORHOOD NBHD Name Street Index Name Tracing Batch NOTES Appraised Bldg. Value (Card) Appraised XF (B) Value (Bldg) Appraised OB (L) Value (Bldg) Appraised Land Value (Bldg) Special Land Value Total Appraised Parcel Value Valuation Method: 29, 9,9 243, 46,9 C ACCESS FROM PINE GROVE RD Adjustment: Net Total Appraised Parcel Value 46,9 BUILDING PERMIT RECORD VISIT/ CHANGE HISTORY Permit ID Issue Date Type Description Amount Insp. Date % Comp. Date Comp. Comments Date Type IS ID Cd. Purpose/Result 7-283 998 997 8/25/26 3/2/994 2/23/994 SD Shed 2,2 2,, 4//29 7/27/995 7/27/995 //995 //995 8 X 2 SHED LAUNDROMA DEMO COTT /9/24 4//29 5/4/24 7/27/995 DK KC GM JF BP Measur+Listed Building Permit Measur+Listed Measur+Listed B # Use Use Code Description 322I STORE/SHOP M96 322I STORE/SHOP M96 Zone D Front Depth Units 43,56 SF.9 AC LAND LINE VALUATION SECTION Unit Acre ST. Price I. Factor S.A. Acre Disc C. Factor Idx Adj. 8.43. K..65 72,8.. K..65 K. K. Notes- Adj SHAPE/BUFFER Special Pricing S Adj Fact.. Adj. Unit Price 5.48 47,32. Land Value 238,7 4,3 Total Card Land Units:.9 AC Parcel Total Land Area:.9 AC Total Land Value: 243,
Property Location: 897 ROUTE 28 MAP ID: 4/ 46/ / / Bldg Name: State Use: Vision ID: 443 Account # Bldg #: of Card Print Date:2/3/24 7:3 CONSTRUCTION DETAIL el Description 4675 Sec #: of of CONSTRUCTION DETAIL (CONTINUED) Element Cd. Ch. Description Element Cd. Ch. Description Style Model Grade Stories Occupancy Exterior Wall Exterior Wall 2 Roof Structure Roof Cover Interior Wall Interior Wall 2 Interior Floor Interior Floor 2 Heating Fuel Heating Type AC Type Bldg Use Total Rooms Total Bedrms Total Baths Heat/AC Frame Type Baths/Plumbing Ceiling/Wall Rooms/Prtns Wall Height % Comn Wall Code PAV SGN2 SHD 6 Dry Cln/Laundr 96 Ind/Comm 3 Average 25 Vinyl Siding 3 Gable/Hip 3 Asph/F Gls/Cmp 5 Drywall/Sheet Ceram Clay Til 3 Gas 4 Forced Air-Duc 3 Central 322I STORE/SHOP M96 HEAT/AC PKGS 2 WOOD FRAME 2 AVERAGE 5 SUS-CEIL & WL 2 AVERAGE Code 322I MIXED USE Description STORE/SHOP M96 Percentage COST/MARKET VALUATION Adj. Base Rate: 64.28 237,55 Net Other Adj:. Replace Cost 237,55 AYB 994 Dep Code Remodel Rating Year Remodeled Dep % Functional Obslnc External Obslnc Cost Trend Factor Condition % Complete Overall % Cond Apprais Val Dep % Ovr Dep Ovr Comment Misc Imp Ovr Misc Imp Ovr Comment Cost to Cure Ovr Cost to Cure Ovr Comment A 2 88 29, OB-OUTBUILDING & YARD ITEMS(L) / XF-BUILDING EXTRA FEATURES(B) Description Sub Sub Descript L/B Units Unit Price Yr Gde Dp Rt Cnd %Cnd PAVING-ASPH L 8,5.35 995 75 DOUBLE SIDE L 2 35. 996 75 SHED FRAME L 96 8. 26 Apr Value 8,6 5 8 3 32 FOP 2 5 5 5 28 3 BAS 6 4 46 3 FOP 2 2 5 3 Code BAS FOP BUILDING SUB-AREA SUMMARY SECTION Description Living Area Gross Area Eff. Area First Floor 3,6 3,6 3,6 Porch, Open, Finished 38 95 Unit Cost Undeprec. Value 64.28 23,48 6.7 6,7 Ttl. Gross Liv/Lease Area: 3,6 3,98 3,695 237,55
CAREY COMMERCIAL INC BUSINESS AND INVESTMENT PROPERTY 58-79-89 NON-DISCLOSURE AGREEMENT RE: The Laundry Center of Cape Cod, Business & Real Estate Located in South Yarmouth, MA Carey Commercial, Inc., 46 Main Street, Hyannis, MA as Broker has been authorized with respect to the offering for sale of the above referenced property to make available for review certain information concerning the financials of the business and real estate upon execution of this confidentiality agreement by the prospective purchaser. ( Prospective Purchaser ) is interested in the possible purchase of the Business and Property and has the experience and financial capabilities to undertake a transaction of this magnitude. The information may include, without limitation, financial data including balance sheets, income and expense statistics and other financial data, the marketing presentation, documents, legal instruments, studies, brochures, computer output, and other materials all of the aforementioned information collectively referred to as Informational Materials ). In this connection, Informational Material is furnished to Prospective Purchaser only on the condition that Prospective Purchaser agrees to treat the Informational Material confidentially as hereinafter provided. Therefore, as a prerequisite to furnishing this Informational Material Broker is prepared to provide the Informational Materials for the Prospective Purchaser s consideration in connection with the possible purchase of the Property subject to the following conditions:. All Informational Material furnished to the Prospective Purchaser by Owner, remain the property of Owner, will not be duplicated or used for any other purpose other than evaluating a possible purchase of the Property. Therefore, Prospective Purchaser agrees to keep all Informational Material (other than information which is a matter of public record or is provided in other sources readily available to the public other than as a result of disclosure by Prospective Purchaser) strictly confidential. If a purchase transaction is not consummated then all Informational Materials will promptly, upon the request of Owner, be returned to Owner, whether furnished before or after the date of this letter, without retaining copies thereof. If a purchase transaction is not consummated Prospective Purchaser agrees not to make any of the Informational Material available or disclose any of it s contents or the fact that discussions or negotiations are taking place concerning a possible purchase of the Property, or any of the terms, covenants, conditions, or other facts with respect to any such investment proposal to any person and specifically to include Owner s staff, staff of other businesses, the staff and representatives of the Home Office of the Franchise 2. The Informational Material may be disclosed to the Prospective Purchaser s partners, legal counsel and lenders (Related Parties), solely for the purpose of evaluating the purchase. 3. The Potential Purchaser understands and acknowledges the Broker and Owner do not make any representations or warranties as to the accuracy or completeness of the Informational Materials and that the information used in the preparation of the Informational Materials was furnished to Broker by others and has not been independently verified by Broker. Owner expressly reserves the right, at their sole discretion, to reject any and all expressions of interest or offers to invest in the Property from Prospective Purchaser, and/or to terminate discussions, at any time with or without notice. www.careycommercial.com 46 Main Street, Hyannis MA 26
CAREY COMMERCIAL INC BUSINESS AND INVESTMENT PROPERTY 58-79-89 Page 2 RE: The Laundry Center of Cape Cod, Business & Real Estate Located in South Yarmouth, MA 4. Broker is acting as agent on the behalf of Seller (Seller s Agency). A Seller s Agent has duties as defined by law to represent the Seller s interest in the sale of the Firm. This generally means a duty to seek a sale, or exchange at the price and terms stated in the brokerage agreement or at a price and terms acceptable to the seller or landlord; account for Seller funds; disclose all information relevant to the transaction as required by law to the Seller and maintain the Client s confidentiality. 5. The Potential Purchaser acknowledges that the Property has not been publicly or otherwise offered for sale and is subject to withdrawal from availability, change in offering price, prior sale or rejection of any offer because of the terms thereof, lack of satisfactory credit references of any Potential Purchaser, or for any other reason whatsoever, without notice. The Potential Purchaser acknowledges that the Property is being offered without regard to race, creed, sex, religion or national origin. If in agreement with the foregoing, please return one original signed copy of the agreement to Broker : Chuck Carey, Carey Commercial Inc., 46 Main Street, Hyannis, MA 26 58-79-89 or email to: cjc@careycommercial.com. AGREED TO AND ACCEPTED: By: Company: Address: E-Mail: Date: Phone: Mobile Phone: Amount Available for downpayment: $ (required) www.careycommercial.com 46 Main Street, Hyannis MA 26