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This Business has been Sold!
Closing Date: 12/03/2012
Broker: Craig Renard

Business for Sale Summary

Nice laundromat run 100% absentee seller financing - 21591

Business Type: laundromats,best deals!,absentee business,new to market,seller financing available
Sold
Nice laundromat run 100% absentee seller financing
On December 3rd 2012, The Undersigned
Acted as the Advisor to the Deal
Craig Renard
Craig Renard Senior Broker
Servicing: 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 $225,000 Down Payment $110,000
Gross Revenues $187,200 Lease Remaining Register Free to View
Owner’s Cash Flow $55,380 Number of FT Employees Register Free to View

Financing

$110,000 Down and 115k @ 7.5% for7 years

Business Description

Very nice laundromat in great location run 100% absentee. 25 washers and 28 dry. Put 1/2 down and the owner will hold a note on the rest. This is a rare opportunity to get into the laundromat business with 1/2 down.

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.