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Business for Sale Summary [Non-Confidential]

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ID:20421

Laundromat

Queens County, NY

Business Type: retailing businesses,laundromats

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $290,000.00

  • Gross Revenues

    $234,394.00

  • Financing

    $ 200,000.00 Down and 90,000 over 3 years @ 6%

  • Owner's Cash Flow

    $84,243.00

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Business Description

Busy and Profitable Absentee run Hi Volume Neighborhood Laundromat on main road in densely populated Queens residential area. Run absentee. 20 Dexter washers and 20 dryers, Equipment 3 years old. Tremendous Wash and Fold service is over 50% of sales. Established 13 years. Recently renovated. Loyal staff will remain. An owner operator will recapture approx $25k of labor costs. 8 years left on lease. Call Joseph Stansky for more details.

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