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This Business has been Sold!
Closing Date: 08/14/2019
Broker: Syed Ahmed
Business for Sale Summary

Established Laundromat in Queens County NY 31998 - 31998

Business Type: laundromats
Sold
Established Laundromat in Queens County NY 31998
On August 14th 2019, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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 $375,000 Down Payment $375,000
Gross Revenues $435,000 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$375,000 Down and

Business Description

This 20 years old laundromat is situated in an extremely busy area in Queens County . Seller owned it for 14 years. He wants to sell it as he is moving to another state. The business has 20 washers and 20 dryers; all are in an excellent condition. Seller has upgraded the interior and now the business gives a great look. An extremely busy area; very heavy foot traffic. It is a must-buy-laundromat for the laundromat buyers. It will be gone soon. Seller's net cash flow is over $130,000 a year. 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.