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Business for Sale Summary

Established Laundromat in Westchester County, NY - 31620

Business Type: car wash,must sell/drastic price reduction!,laundromats
Established Laundromat in Westchester County, NY
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Financial Information (non-confidential)

General Information
Asking Price $500,000 Down Payment $500,000
Gross Revenues $518,000 Lease Remaining Register Free to View
Owner’s Cash Flow $77,000 Number of FT Employees Register Free to View

Financing

$500,000 Down and

Business Description

More than 10 employees work day and night to fulfill commercial accounts. Less than 5% of the gross revenues comes from drop-offs. 95% of the revenue comes from commercial accounts. Absolutely No self serve Clients order over the phone, through the website, and starting early 2019, via a mobile app. 18 washers, 20 dryers Business is owner operated Total cash flow is $100,000, and projected grow by 20% this year. Sellers maintain very detailed records. Owners are looking to sell the entire business, or 50% of the business, as they are looking for money to fund a new venture. Proof of funds is required , Please contact the broker before making an appointment to see this location as this is not your typical business operation.

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.