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Financing: $375,000.00 Down and Reason for Selling:Other interests This well-maintained, modern laundromat offers a true turnkey opportunity and operates on a mostly absentee basis, with ownership involvement limited to approximately four to five hours per week. The business has an asking price of $375,000, generates gross revenue of approximately $211,000, and produces cash flow of about $62,000. The monthly rent is $2,500, providing stable occupancy costs for the operation. The business is structured around a mostly absentee ownership model, with the owner currently spending only a few hours per week overseeing operations. The location is staffed by four part-time employees who collectively cover approximately 96 hours per week, ensuring smooth day-to-day functionality. The facility includes 18 washers and 22 dryers, all of which are less than 36 months old. The entire store has been renovated and upgraded within the last three years, creating a clean, modern environment for customers. This opportunity allows a buyer to step into a fully operational and updated facility with newer equipment and stable rent, offering a clean and straightforward operation with fully transparent financials. Additional details are available for qualified buyers. To learn more, contact the broker, Peter Santella, at 516-250-6822.
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. |
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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. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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