Awesome Laundromat Opportunity *PRICE REDUCED* - 29994 Business Type: must sell/drastic price reduction!,laundromats
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $79,000 | Down Payment | $79,000 |
| Gross Revenues | $80,600 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $26,000 | Number of FT Employees | Register Free to View |
Financing
$79,000 Down and None.
Business Description
Awesome Laundromat Opportunity. *PRICE REDUCED* This is fantastic corner location at a major intersection just north of the Southern State Pkwy. It is surrounded by rentals and two family homes. The store was newly renovated just recently. They offer rebuilt machines. 19 Wascomat Washers and 24 Wascomat Dryers. The machines are connected to the sewer line, so NO WATER FILTRATION SYSTEM IS NECESSARY! There are 9 years remaining on the current lease, but this can be extended. THE RENT IS ONLY $2,880/MTH! The current owner is involved with several other businesses and runs this on a part-time basis, approx. 15-20 hrs./wk. The only offer coin laundry and wash & fold service right now. A new owner can add dry cleaning drop-off and a pick-up and delivery service. In the past year the business grossed approx. $80,600.00 with a net cash flow of approx. $26,000.00. We are seeking a serious and financially qualified buyer with at least $79K in liquid funds. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.
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.
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