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ID:20911

Laundromat

Kings County, NY

Business Type: retailing businesses,laundromats

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $1,099,000.00

  • Gross Revenues

    $533,000.00

  • Financing

    $ 0.00 Down and negotiable

  • Owner's Cash Flow

    $269,280.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

This Laundromat over 2800 sq ft being established for 1 year based on projection from the seller, 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 $475000 of equipment which makes this location very desirable. The seller has given Vested 5 total Laundromat 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

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