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Business for Sale Summary

Established Laundromat with New Machines - 27965

Business Type: misc. retail/non-classifiable,dry cleaning/ laundry services,absentee business,best deals!,new to market,laundromats
Established Laundromat with New Machines
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This business has received 125 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $799,000 Down Payment $799,000
Gross Revenues $400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $253,000 Number of FT Employees Register Free to View

Financing

$799,000 Down and

Business Description

Established in 1978, the seller has owned this modernized, clean and spacious laundromat in Staten Island for the last 13 years. The 20 washers and 20 dryers are all less than a year old. They are ultra-efficient on energy and water. The washers consist of 1 - 80 lbs. load Wascomat, 3 - 60 lbs. ADCs, 7 - 45 lbs. ADCs, and 9 - 25 lbs. ADCs. The dryers are all 45 lbs. double-stacked ADCs. The state-of-the-art vending machine dispenses soft drinks, detergents and softeners. This business continues to see strong growth in all of its lines: coin self-service, wash & fold, and drop-off dry cleaning. It's hours recently expanded to meet increasing demand. Please be prepared to make your best offer, as this one is going to sell quickly. Do be very discreet when visiting the location, as the employees and customers do not know it is for sale. Kindly then contact listing broker Jay Goldman should you have any questions and would like to make an appointment to meet with the owner. Please call 1-877-735-5224 for further information.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.