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Business for Sale Summary [Non-Confidential]

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ID:20859

Laundromats

Kings County, NY

Business Type: retailing businesses,laundromats

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $1,499,000.00

  • Gross Revenues

    $569,000.00

  • Financing

    $ 1,499,000.00 Down and TBD

  • Owner's Cash Flow

    $269,664.00

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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 has 2 sub tenant each paying $21,600 per year and the other $36,000 per year, therefore reducing the by another $50k plus. This Laundromat has huge upside potential for a serious buyer who is committed to advertising and offering competitive rates. Also with this space the buyer can add a dry cleaners. Has a 20 year lease!

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