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This Business has been Sold!
Closing Date: 12/31/1969

Business for Sale Summary

Fantastic Laundromat Opportunity - 25924

Business Type: retailing businesses,laundromats,service businesses,cleaning services,special situations,best deals!,assets only sale
Sold
Fantastic Laundromat Opportunity
On December 31st 1969, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NH, NJ, NY, PA, RI and VT
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $80,000 Down Payment $80,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$80,000 Down and Or Best reasonable Offer.

Business Description

Fantastic Laundromat Opportunity. Located in a busy strip mall, this store is in a great Nassau County location. This 1200 sq. ft. store offers 19 washers (only 2 yrs. old) and 18 dryers (10 of the 18 are only 6 months old). The rent is only $2,121/mth with 12.5 yrs. remaining on the lease. Everything is in working order. The store has been here for over 25 years. The current owner bought the store very recently, but has been given a job offer that he cannot turn down. As such, he is motivated to sell quickly, but not desperate. There are employees in place to help run the store if he is not around. The business has growth opportunities with the addition of drop-off dry cleaning, a pick-up and delivery service, additional vending and an ATM. We are looking for a serious and financially qualified buyer with at least $80K in liquid funds. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com!

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.