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This Business has been Sold!
Closing Date: 01/15/2020
Business for Sale Summary

Excellent Laundromat For Sale - 12596

Business Type: laundromats,misc. retail/non-classifiable
Excellent Laundromat For Sale
On January 15th 2020, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of MA
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.

Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $99,000
Gross Revenues $130,000 Lease Remaining Register Free to View
Owner’s Cash Flow $41,080 Number of FT Employees Register Free to View


$99,000 Down and $26K over 3 yrs. @ 8%

Business Description

Excellent Laundromat for sale on a very busy roadway in a heavily populated Nassau County town. There are countless apartment complexes and rental units surrounding this laundromat. It is fully automated, with timers operating the door locks and lights. Very clean inside, this business has 21 Washers and 16 Dryers all in working order. It is in a very high traffic area and has shown consistent sales throughout its history. Run part time, the owner spends 10-15 hours a week in the business. He comes in to collect money from the machines and check up occasionally. In 2008, the business Grossed $130,000.00 with a Net of appox. $40,000.00. The great opportunity is that there is still room for growth. Call or email Mel Vaz today to learn more at 877-735-5224 or mvaz@vestedbb.com.

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.