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Business for Sale Summary

Laundromat for Sale in Kings County, New York - 35987

Business Type: dry cleaning/ laundry services,misc. service/non-classifiable,other personal services,laundromats
Laundromat for Sale in Kings County, New York
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Financial Information (non-confidential)

General Information
Asking Price $394,900 Down Payment $394,900
Gross Revenues $333,000 Lease Remaining Register Free to View
Owner’s Cash Flow $90,000 Number of FT Employees Register Free to View

Financing

$394,900 Down and

Business Description

Neighborhood laundromat that's been around for over 20 years. Loyal clientele and new customers daily. Self service, dry cleaning, pick up and delivery, with commercial services offered. Retail products for sale. Many residential buildings in construction nearby. Card operated machines (accepts all major credit cards). The laundromat has 20 washers, 16 dryers, 1 POS machine, 1 tablet, as well as equipped with security cameras. Water bills ranges from $1249 in January to $7000 in August but usually between $1249 to $3500. Gas bill is between $1622 to $2524 for 12 month cycle. Electric bills is between $752 to $1473 for 12 month cycle, garbage $163 per month , phone is $77 per month and maintenance is $350 to $1620 per month. The size of the machines and cost vary between, 20 lbs, 30 lbs,and 50 lbs with price of $3.10, $5.50 and $7.79 To learn more, please contact the broker Garry Pierre at 347-902-8065.

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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.