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Fantastic Laundromat FIRE SALE Suffolk County, NY |
Listing #17724 |
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| Financial Information (non-confidential) |
| Asking Price |
$49,000.00 |
Gross Revenues |
$121,284.25 |
| Down Payment |
$19,000.00 |
Owner’s Cash Flow |
$22,462.25 |
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Financing: $19,000.00 Down and $30K over 5 yrs @ 6%
Reason for Selling:Primary Job Hours & Significant Travel
***FIRE SALE******Rent Just Reduced by $500 per month*** OWNER WILL LISTEN TO ANY REASONABLE OFFER! ASKING $49K WITH ONLY $19K DOWN AND NEGOTIABLE TERMS. BUSINESS IS BEING SOLD "AS IS". Fantastic laundromat located on a major highway in Suffolk County. This 1500 sq. ft. store was opened twenty-five years ago in a large strip mall anchored by three major retailers. It has 19 Wascomat Series 4 washers and 21 American Dryer Corporation dryers. The dryers that are 6 years old. The current owner spent over $15,000 just 1 year ago to upgrade the filtration system. The business also features a new hot water heater, upgraded plumbing behind the washers, and a new gas heater. Everything is completely up to code. In fact, the store has a timer system to lock and unlock the doors automatically as well as security cameras that can be viewed on-line from anywhere in the world. The only reason for the sale is due to the current owner's primary job hours. The travel time has become a factor for him and he has decided to sell. He currently visits the business only 3 days per week for only 2-3 hours. This is a business that can be run very part-time for a strong return. In 2009, the business grossed approx. $121K with a Net Profit of approx. $22K. That is very good for only 6-9 hours of work per week. This is exactly the type of part-time business many of you are looking for. If you have any interest, please do not delay.
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Mel Vaz Senior Business Broker
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Servicing Area:
All of NY All of NJ All of CT All of MA
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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 |