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This Business has been Sold!
Closing Date: 05/23/2005
Business for Sale Summary

Laundromat - 3524

Business Type: laundromats,misc. retail/non-classifiable
On May 23rd 2005, The Undersigned
Acted as the Advisor to the Deal
Joseph Stansky Esq
Joseph Stansky Esq Senior Broker
Servicing: Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
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 $275,000 Down Payment $175,000
Gross Revenues $192,400 Lease Remaining Register Free to View
Owner’s Cash Flow $69,769 Number of FT Employees Register Free to View


$175,000 Down and 100,000 5 years @ 8%

Business Description

Bright, spacious laundromat in busy main road shopping center w/ 24/7 national anchor tenant. 23 washers and 28 dryers. Does $3,700 per week including $1,200wk wash and fold. 5 loyal P/T employees. Open 6 am to 11PM. Could easily go 24/7 to match anchor tenant. Fully absentee, No advertising or marketing. 1,300 square feet. Long lease. Totally renovated 1.5 years ago. New camera system. Laundromat is packed to capacity on weekends. Space available next door, oppty to expand.

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.