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Business for Sale

Established Laundromat in Westchester County, NY
Westchester County, NY

Listing #31620

 
Financial Information (non-confidential)
Asking Price $500,000.00 Gross Revenues $518,000.00
Down Payment $500,000.00 Owner’s Cash Flow $77,000.00

Financing: $500,000.00 Down and

Reason for Selling:

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 growth 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.
Marie Goldstein
Senior Business Broker
1-877-735-5224
mgoldstein@vestedbb.com
Servicing Area:
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Marie Goldstein

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 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com