Financing: $325,000.00 Down and $325K over 5 yrs. @6%
Reason for Selling:Partner disagreement.
High Volume Laundromat. Fantastic Deal. This is a 12 year old facility, build out from scratch in a heavily populated Nassau County neighborhood.
All equipment is original. 55 Maytag washers (from 18lbs to 80lbs.) and 68 dryers.
This is a 3,600 sq. ft facility with a full basement, 17 years left on the lease and a rent of only $5,700/mth. (incl taxes).
They are open 24/7. They offer coin laundry, wash & fold and dry cleaning drop off. This location is well-lit, with tv's, A/C and vending.
In the past year they had gross sales of approx. $422,000.00 with a net income of approx. $216,000.00.
This is a fully absentee operation with 4 p/t employees (one per shift). An owner only visits one per week. They are selling due to a partnership dispute.
We are seeking a serious and financially qualified buyer with at least $325K in liquid funds. PROOF OF LIQUID FUNDS WILL BE REQUIRED TO OBTAIN THE ADDRESS!
If you do not have the LIQUID funds available, please do not inquire. However, if you do meet the criteria, 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.