1. Home
  2. Businesses for Sale
  3. New York
  4. Laundromats
This Business has been Sold!
Closing Date: 11/15/2017
Broker: Syed Ahmed

Business for Sale Summary

Laundromat For Sale In Suffolk County, NY - 29027

Business Type: laundromats
Sold
Laundromat For Sale In Suffolk County, NY
On November 15th 2017, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau 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 $105,000 Down Payment $105,000
Gross Revenues $108,500 Lease Remaining Register Free to View
Owner’s Cash Flow $41,200 Number of FT Employees Register Free to View

Financing

$105,000 Down and

Business Description

This 25 years laundromat is located in a very busy strip mall on Long Island. Rent is just $2700. The laundromat has 20 washing machines and 22 dryers; all in excellent condition. A lady owns it, but she lives in Queens, which is too far for to commute everyday. The business also has 7 commercial accounts, which gives a steady income to the business. A great location! Seller's net cash flow, after paying all the expenses, is $40,000 a year. Call 1-877-735-5224 for more information.

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.

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.