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High Volume Laundromat
Bristol County, MA |
Listing #24062 |
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| Financial Information (non-confidential) |
| Asking Price |
$299,000.00 |
Gross Revenues |
$320,000.00 |
| Down Payment |
$179,000.00 |
Owner’s Cash Flow |
$128,000.00 |
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Financing: $179,000.00 Down and Balance over 3-4 years @6%
Reason for Selling:retirement
High volume updated Laundromat. Well Established for 25 years. Located in a busy plaza anchored by a Supermarket and Discount Dept. store. Recently updated equipment, 8 of 30 washers installed in the last 2 years, nothing else over 12 years old and all well maintained. Assumable lease in place with 3.5 years to go and a 5 year option. Landlord willing to extend. Coin-op averages $2500 per week, Wash-dry-fold $1500 per week, Dry cleaning, $1000 per week, and commercial accounts $5000 per month (no delivery). Machines are all set up to accept credit cards or coins. Store has WiFi and video surveillance. Great opportunity for someone looking for a higher volume location. Seller offering financing! Call today!
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David Cohen
Senior Business Broker
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Servicing Area:
All of MA
All of RI
All of CT
All of NH
All of NY
All of NJ
All of ME
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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 |
