Laundromat - 1548 Business Type: misc. retail/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $160,000 | Down Payment | $100,000 |
| Gross Revenues | $156,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $118,142 | Number of FT Employees | Register Free to View |
Financing
$100,000 Down and 60,000@ 7% over 60 months
Business Description
This Laundromat is located on a major avenue in the middle of an extremely busy town in central Long Island. In excellent, clean condition this business has a loyal following and offers self-service as well as drop off service. It has 26 washing machines and 30 dryers in excellent condition, which require very little maintenance. This is a very simple operation to run and has a net cash flow of $82,000. Priced at $160,000 with only $100,000 down this is a great opportunity and won't last so act now.
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.
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