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This Business has been Sold!
Closing Date: 10/12/2011
Broker: Rafael Felix

Business for Sale Summary

Laundromat for sale in Densely Populated Area - 17210

Business Type: retailing businesses,laundromats,service businesses,dry cleaning/ laundry services,misc. servicel/non-classifiable
Sold
Laundromat for sale in Densely Populated Area
On October 12th 2011, The Undersigned
Acted as the Advisor to the Deal
Rafael Felix
Rafael Felix Senior Broker
Servicing: Fairfield County CT, Philadelphia County PA, Bergen County NJ, New York County NY
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 $199,999 Down Payment $0
Gross Revenues $182,000 Lease Remaining Register Free to View
Owner’s Cash Flow $84,528 Number of FT Employees Register Free to View

Financing

$0 Down and

Business Description

Very busy Laundromat located in a very densely populated neighborhood, surrounded by apartments and commercial area. The present owner has owned this location for 9 years on the main avenue. The store size 1400 square ft, with 16 dryers and 18 washers (machines in great condition). Has 6 years left on lease with 5 year option. Best of all, absentee all!

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.