1. Home
  2. Businesses for Sale
  3. New York
  4. Retailing Businesses

Business for Sale Summary

Laundromat - 20857

Business Type: retailing businesses,laundromats
Laundromat
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 107 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,899,000 Down Payment $1,899,000
Gross Revenues $650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $341,700 Number of FT Employees Register Free to View

Financing

$1,899,000 Down and negotiable

Business Description

This location comes with two businesses, over 3600 sq. ft. is the Laundromat, the dry cleaners is over 2500 sq ft. This Laundromat has been established for 5 years, with a 20 year lease and absentee owned. Very profitable and has all the potential for a new investor to take it to a new level. State of the art operation and added latest technology, with over $800,000 of equipment which makes this location very desirable. The seller has given Vested 5 total Laundromats that he would prefer to package for the right investor. They all are very similar in size and technology. Each has master tenant, therefore reducing the rent further from the top. Proof of funds is a must.

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.