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Business for Sale Summary

Well Located Laundromat For Sale in Suffolk County - 35625

Business Type: dry cleaning/ laundry services,misc. service/non-classifiable,non-classifiable establishments,other personal services,laundromats
Well Located Laundromat For Sale in Suffolk County
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Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $145,000 Lease Remaining Register Free to View
Owner’s Cash Flow $50,400 Number of FT Employees Register Free to View

Financing

$125,000 Down and

Business Description

Looking for a profitable laundromat business near Long Island, NY? Look no further than this well-known laundromat, conveniently located near a crowded residential community. The laundromat features 10 washers, 20 pockets, and 14 dryers, all in excellent working condition. This business offers a variety of services, including walk-in, drop-off, wash & fold, and more. It also has five commercial accounts that provide a steady source of income. Plus, with a sewage system in place, this laundromat is equipped to handle all your laundering needs. The monthly rent is just $2348, with a 10-year lease, making this business an excellent long-term investment. The seller is a semi-absentee owner with a full-time job, making it the perfect opportunity for a hands-on buyer to take over and maximize profits. Don't miss out on this fantastic business opportunity, which generates a net cash flow of $4200 per month after all expenses. Call Syed at 631-374-7686 today to learn more!

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.