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This Business has been Sold!
Closing Date: 04/15/2016
Broker: Syed Ahmed

Business for Sale Summary

Twenty Yr. Old Laundromat - 27791

Business Type: retailing businesses,laundromats,dry cleaning/ laundry services
Sold
Twenty Yr. Old Laundromat
On April 15th 2016, 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 $180,000 Down Payment $180,000
Gross Revenues $168,000 Lease Remaining Register Free to View
Owner’s Cash Flow $66,700 Number of FT Employees Register Free to View

Financing

$180,000 Down and

Business Description

This twenty years old laundromat is located on one of the busiest roads on Long Island. rent is $2900. It has twenty four washers and twenty four dryers; 30% of the business is drop off. Seller owns it for eight years. Her husband has passed away. So, with five children to look after, she finds it hard to run the business. All the machines are in excellent conditions. Please call 1-877-735-5224 for further 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.