Financing: $475,000.00 Down and $425k over 7 yrs @ 5%
Reason for Selling:Retirement/health
Long Established (40 yrs) Commercial Laundry serving
hotels, Country clubs, Caterers, Colleges,Medical, etc.
Picks up and Delivers-3 trucks. Also rents linens, 25,000
lbs. per week. 100 accounts- only 5 days and no night
shift- turns down $150k of work that is 7 day work.Semi
absentee because of illness.No marketing, soliciting and
salesmen.Turns way calls from NYC and only serves
Nassau and W.Suffolk. Opportunity to put idle equipment
to work by accepting additional work that is turned away
away. Two high pressure boilers, water heater,2 pressers
2 folding machines,250b washer, Ten 50-80lb washers
and much more equipment. Fluency in Spanish is
strongly recommended.Proof of funds and laundry or
Laundromat background is REQUIRED for a meeting.
Contact broker Joseph Stansky
for more details.
Please call 1-877-735-5224 for further information.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.