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Business for Sale Summary

Laundromat For Sale in Nassau County, NY - 33035

Business Type: other personal services,laundromats
Laundromat For Sale in Nassau County, NY
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Financial Information (non-confidential)

General Information
Asking Price $385,000 Down Payment $385,000
Gross Revenues $310,000 Lease Remaining Register Free to View
Owner’s Cash Flow $98,000 Number of FT Employees Register Free to View

Financing

$385,000 Down and

Business Description

This 20 years old laundromat is situated at a busy strip mall on Long Island. It has 32 dryers and 29 washers; 30 % is drop off. All the machines are in excellent conditions. Seller owns it for 10 years. The surrounding area is well-populated and crowded, so the business has been stable. Seller is having a serious domestic situation, so he has decided to sell the business. Seller's net cash flow, after paying all the expenses, is $8,000 a month. Call Syed at 631-374-7686 for more information.

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.