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This Business has been Sold!
Closing Date: 11/13/2014
Business for Sale Summary

Very Profitable & Established Laundromat - 22882

Business Type: laundromats
Sold
Very Profitable & Established Laundromat
On November 13th 2014, The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
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 $149,000 Down Payment $100,000
Gross Revenues $220,000 Lease Remaining Register Free to View
Owner’s Cash Flow $60,244 Number of FT Employees Register Free to View

Financing

$100,000 Down and 49,000 @ 8 % For 2 Yrs

Business Description

Well established laundromat located in busy shopping mall with unlimited parking. Business conducts dry cleaning , and wash and dry and folding service. Equipment includes 2 x 60 lb, 3 x 50lb, 6 x 35lb. 6 x 20lb and 12 single load washers, Hot water heating system, 28 dryers, Extractor, 30 inch flat TV and state of the art computer system and programs. Owner retiring. For more information and a no obligating meeting with the seller, please contact Joshua Factor at 845 738 8152.

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.