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This Business has been Sold!
Closing Date: 06/01/2014
Broker: Jim Aloi

Business for Sale Summary

Laundry Service - 24685

Business Type: laundromats,best deals!,new to market,business with property available
Sold
Laundry Service
On June 1st 2014, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi 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 $235,000 Down Payment $235,000
Gross Revenues $390,000 Lease Remaining Register Free to View
Owner’s Cash Flow $102,600 Number of FT Employees Register Free to View

Financing

$235,000 Down and

Business Description

Western Nassau Laundromat & drop off laundry service. very profitable. Low over head 10 year lease established 12 years with fantastic reputation . This very scalable business is run 75 percent absentee & includes 62 Dexter washers and dryers. This is a very busy 3000 sf business with room to add many more washers,vending machines and dryers. Seller has other full business and has fantastic work force in place for past 12 years. Seller owns all machines including vending machines. Triple a location to add dry cleaning service,buyer who is motivated can triple present pick up and drop off service which presently is about 40 % of its business . Rent only $3250 monthly. water $4800 per year.gas & electric together is about $3700 per month. Includes full large private office full video security system and lots of extras. Fantastic seller will train. Contact broker Jim Aloi this will not last hurry this is the real deal! SELLER MUST SELL MAKE OFFER VERY MOTIVATED DUE TO FAMILY PROBLEMS All machines are working and in Mint Condition. Listing 24685 asking $235,000 JUST REDUCED FROM $395,000 REDUCED FOR QUICK DEAL

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.