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Laundromat
Nassau County, NY |
Listing #3524 |
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| Financial Information (non-confidential) |
| Asking Price |
$275,000.00 |
Gross Revenues |
$192,400.00 |
| Down Payment |
$175,000.00 |
Owner’s Cash Flow |
$69,769.00 |
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Financing: $175,000.00 Down and 100,000 5 years @ 8%
Reason for Selling:other business opportunity
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.
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Joseph Stansky Esq
Senior Business Broker
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Servicing Area:
Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
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 |
