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Business for Sale Summary [Non-Confidential]

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ID:20849

Laundromat

Nassau County, NY

Business Type: special situations,absentee business,new to market,retailing businesses,laundromats,misc. retail/non-classifiable,services businesses,cleaning services,dry cleaning/ laundry services

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Non-Confidencial Financial Infomation

  • Asking Price

    $75,000.00

  • Gross Revenues

    $142,825.00

  • Financing

    $ 37,500.00 Down and $37,500 Negotiable

  • Owner's Cash Flow

    $39,625.00

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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

Laundromat located on a very busy road in Nassau County. This 1500 sq. ft. store was opened twenty-five years ago in a small strip mall. It has 25 Wascomat Washers and 25 Huesbsch Dryers. The current owner runs this as a part-time business. In 2011 Gross sales were apprx. $144,000.00 ($36K - Drop Off, $108K - Coin). Net income was approx. $39,625.00. The shopping center facade is being re-done very soon. The business has growth opportunity with the addition of Vending and an ATM. There is an auto-lock feature for the door. This is a lower income area ideal for a laundromat. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com!

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