Financing: $260,000.00 Down and None
Reason for Selling:Other opportunities.
Great Queens Laundromat. ABSENTEE OWNED. **PRICE REDUCTION** This is a 1,000 sq. ft. laundry (with an 800 sq. ft. basement and a backyard). It is in a heavily populated Queens neighborhood. All equipment is approx. 10 yrs. old. 14 Heubsch washers and 14 Heubsch dryers (28 total). Fully air conditioned. There are 14 years left on the lease and a rent of only $3,700/mth. They are open 7 days from 7am-9pm. They offer coin laundry, wash & fold, dry cleaning drop off and pick up and delivery. In fact, 79% of sales comes from pick-up and delivery. The store had gross sales of approx. $264,000.00 last year with a net income of approx. $96,000.00. This is a fully absentee operation with new the owner only coming in for approx. 10 hrs.wk. They have a long lease in a great neighborhood. We are seeking a serious and financially qualified buyer with at least $260K in liquid funds. If you meet the criteria, please call or email Mel Vaz today at 631-909-1095 or firstname.lastname@example.org. This one will go fast!
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