Established Laundromat in Bustling Area - 10675 Business Type: laundromats
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $160,000 | Down Payment | $75,000 |
| Gross Revenues | $174,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $82,110 | Number of FT Employees | Register Free to View |
Financing
$75,000 Down and $75,000 as a down paymeny; for the balance, the owner will hold notes, with the mutual consent, and agreement between the parties.
Business Description
This 30 year old laundromat is located on one the busiest roads in Queens. The area is heavily populated, with thousands of apartments, and tens of thousands of renters, all of whom need somewhere convenient to wash their clothes. Recently, the whole laundromat has been upgraded and renovated. It has altogether 19 washers and 22 dryers. All are in excellent working condition, with new Dexter washing machines. owners are willing to finance to a qualified buyer. Call Syed at 631-374-7686.
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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