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This Business has been Sold!
Closing Date: 07/10/2020
Business for Sale Summary

Established Laundromat for Sale in NY - 32036

Business Type: laundromats
Sold
Established Laundromat for Sale in NY
On July 10th 2020, The Undersigned
Acted as the Advisor to the Deal
Howard Nevins
Howard Nevins Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Queens County, NY
Bronx County, NY
New York County, NY
Kings 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 $165,000 Down Payment $165,000
Gross Revenues $123,000 Lease Remaining Register Free to View
Owner’s Cash Flow $63,000 Number of FT Employees Register Free to View

Financing

$165,000 Down and

Business Description

Turn-key Laundromat looking for new owner! This is a profitable and meticulously maintained laundromat, with 16 newer Wascomat washers and 18 dryers located on a busy street in a safe middle class neighborhood. The building has plenty of parking (2 parking lots plus street parking) and there is a front and rear entrance for easy customer access. The landlord is very reasonable and is willing to provide a very fair lease. All cash business with coin-operated washers and dryers with a change machine on premise. This location is extremely bright, has a clean storefront and current owner added two new flat screen TV's. There's also comfortable seating and folding area for customers. This is an amazing opportunity for a new owner to take over. there is plenty of room to grow wash & fold drop-off service with commercial accounts and walk-in self-service. This laundromats hours are currently 8am-8pm 7 days a week. We are seeking serious buyers who are ready to own and operate a laundromat. For more info please call Howard Nevins 631-600-3034.

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.