Laundromat in Busy Location For Sale - 12244 Business Type: laundromats
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $165,000 | Down Payment | $165,000 |
| Gross Revenues | $191,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $51,160 | Number of FT Employees | Register Free to View |
Financing
$165,000 Down and No Terms. Seller wants drivebys only on Sat & Sun when certain employees are there.
Business Description
This Laundromat is located on a busy main road, in a high traffic residential area of Queens County, surrounded by 3 story walk ups. It has been established for 12 years. It has 22 Wascomat washing machines and 18 Huebch dryers all aprox 10 years old. The Laundromat does aprox 60% coin 40% drop off and delivers to a few commercial accounts. In the rear off the Laundromat there is an 800 sq ft room that could be set up as another retail business. Owner%u2019s retirement creates this great opportunity for the right person. Grossing $191,000 with a net of aprox $50,000. Asking $165,000 No Terms. If you're looking for a Laundromat with upside potential then this is a must see so inquire 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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