For takeover: a laundry business in Al Khobar, Al Aziziyah.
Shop area: 135 sq m. > It has two entrances, a front entrance and a side entrance for loading and receiving blankets and carpets.
> Peace, mercy, and blessings of God be upon you,
> For takeover: a laundry business with all its equipment and furnishings in a strategic location in the city of Al Khobar (Al Aziziyah district). Within a residential area.
The laundry is operational with excellent recurring revenue and income.
It is characterized by having a permanent customer base and regular subscribers to the laundry.
> **Details of the location, rent, and net annual calculation:**
> * **Area:** 135 square meters.
> * **Annual rent for the location:** 68,000 SAR.
> * **Revenue from the back rooms:** The laundry includes 4 rooms with 4 split AC units. Currently, 3 rooms are rented out, generating a monthly income of 2,600 SAR (Total: 31,200 SAR annually). It features a separate private entrance from the back.
> * **Revenue from space utilization:** There is a fixed additional income of 2,000 SAR annually, which is subject to increase, from renting a space in the shop to a well-known company (serious buyers will be provided with details).
> * **Net actual rent:** After deducting the total annual revenues from the location (33,200 SAR) from the basic rent amount, the net actual rent for the investor becomes **only 34,800 SAR annually**.
> List of devices and equipment (under warranty, approximately one year remaining):
> Split AC units: 5 (not covered by warranty)
> Automatic washing machines: 6 (Haam company, 8 kg)
> American washing machines: 4
> Large dryer: 1 (20 kg, Suktara company)
> Small dryer: 1
> Steam presser (Suktara company): 1
> Boiler unit: 1 (4 heaters, Suktara company)
> Integrated cashier system
> Two independent water tanks on the roof
> A small water tank inside the laundry
> Cement board panels on both facades for the shop sign
> Note: Sale is without the commercial registration.
> **Location:** Al Khobar, Al Aziziyah district.
> **Asking price: 150,000 SAR**
Brothers, the laundry is for takeover, not for rent or profit sharing.
For serious inquiries, please contact via private message. Thank you.