This Business has been Sold!
Closing Date: 12/20/2012
Broker: Ken Zwiebel

Business for Sale Summary

Laundromat - 22358

Business Type: retailing businesses,laundromats,special situations,new to market,seller financing available
Sold
Laundromat
On December 20th 2012, The Undersigned
Acted as the Advisor to the Deal
Ken Zwiebel
Ken Zwiebel Senior Broker
Servicing: Fairfield County CT, Bergen County NJ, Bronx County NY, Kings County NY, Nassau County NY, New York County NY, Queens County NY, Suffolk 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 $325,000 Down Payment $175,000
Gross Revenues $197,000 Lease Remaining Register Free to View
Owner’s Cash Flow $80,400 Number of FT Employees Register Free to View

Financing

$175,000 Down and T B D

Business Description

Beautiful, bright, and very clean laundromat with 30 like new washers and 30 dryers. This beautifully maintained business is located on a very busy thoroughfare in Central Suffolk County. There is plenty of parking and an additional rental income. The store is surrounded by several apartment and condo complexes. The trained staff is willing to stay. They offer wash & fold & delivery service and also do commercial work. Voted one of Long Island's Best laundromats!!!!

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.