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Established Laundromat in Bustling Area
Queens County, NY |
Listing #10675 |
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| Financial Information (non-confidential) |
| Asking Price |
$160,000.00 |
Gross Revenues |
$174,000.00 |
| Down Payment |
$75,000.00 |
Owner’s Cash Flow |
$82,110.00 |
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Financing: $75,000.00 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.
Reason for Selling:Owners are busy in their other jobs; therefore, can't focus on this business.
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.
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Syed Ahmed
Senior Business Broker
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Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
