High Vol. Laundromat w/ 25 yr. Lease - 29478

Financing

$385,000 Down and Third party financing is available with only 35% down or qualified buyers with good credit and collateral.

Business Description

High Volume Laundromat w/ 25 yr. Lease (for a qualified buyer). THIS IS BEST LAUNDROMAT DEAL I HAVE SEEN THIS YEAR! This facility is in a great neighborhood. Sales have grown consistently year over year for the past 4 years. The building is 2000 sq. ft. with 27 washers and 26 dryer pockets (the majority of the machines are less than 5 yrs. old), 2 change machines, alarm system, automatic doors and lights and high definition surveillance system. A qualified buyer can obtain a 25 yr. lease. They are open 7 days from 6am-10pm. They offer coin laundry, wash & fold and dry cleaning drop off. This location is in fantastic condition and everything is well-maintained. In the past year gross sales were approx. $600,000.00 with a net income of approx. $330,000.00. THE OWNER KEEPS EXCELLENT RECORDS AND CAN DOCUMENT ALL SALES AND PROFIT. Because of the great record-keeping, third party financing is available with only 35% down for qualified buyers with good credit and collateral. We are seeking a serious and financially qualified buyer with at least $385K in liquid funds. PROOF OF LIQUID FUNDS WILL BE REQUIRED TO SECURE A MEETING WITH THE OWNER. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@gmail.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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.