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Financing: $380,000.00 Down and $100,000 for 2 years at 6% Reason for Selling:Desires to return to Europe Laundromat in a mid-size strip mall w/ great parking. This is a great opportunity for the current Covid environment. They offer 25 Primus washing machines and 32 Wascomat dryers in a 1,600 sq.ft space.
All machines have been maintained thoroughly and are in good shape. The lease has 15 years remaining at a rent of $3,472/mth.
In the past year the business grossed approx. $228,800 with a net cash flow of approx. $117,993.00. The owner works in the store 2-3 hours/week.
They have a busy drop-off service. It also has customary vending machines for soap and coin changers. It has a sitting area where customers can watch TV.
We are seeking a serious and financially qualified buyer with at least $380K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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. |
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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. |
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1(877) 735-5224 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com |