Financing: $499,000.00 Down and The seller will finance $100,000.00 at 6% over 24 months
Reason for Selling:The seller has other business
Established in 1978, this absentee-run Modernized, Clean,
and Spacious Laundromat located in Staten Island has
been owned by the same person for the last 13 years.
The landlord stands ready to give you a brand new 10 year
lease with a 5 year option starting at just $3,600/month.
The 20 washers and 20 dryers are only about a year old
and 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 approximately $5K/yr. in
soft drinks, detergents, and softeners. Wash & fold
revenues account for more than double those for coin
self-service. This is an all cash business. You may be
able to increase your sales by accepting credit cards and
promoting the availability of pick-up & delivery and
drop-off dry cleaning. You can put more money in your
pocket should you choose to be more hands-on, thereby
eliminating one or more employee salaries. Lastly, you
would be well-advised to generally do more advertising,
both traditional and social media, to draw more business
to this location. It certainly can handle it! 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 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.