Financing: $525,000.00 Down and Make your best all down offer!
Reason for Selling:Retirement
The seller is the landlord, and he is willing to give you a brand new, below-market, 20-year lease, starting
at just $5,500/month for this well-maintained, 2,000 square foot, family-run laundromat. Located in a safe, diverse, and ever-gentrifying Brooklyn neighborhood. He is also open to giving you the right of first refusal on the 4-story residential building,
within which the laundromat is housed. It's doubtful you'll uncover another gem of this kind. The laundromat contains 30 washers (18 regular, 8 large and 4 super large) and 30 dryers (15 Huebsch Originator Twin 30s)- all approximately 11 years old, in very good condition. Around $200K in revenue comes from self-service, and another $100K from wash & fold (net of coins used) and drop-off dry cleaning. An additional $20K in profits derives from a variety of vending machines, ATM, massage chair, etc. You can definitely grow the laundromat's business by offering pick-up and delivery service. The seller is more than glad to educate a buyer who is new to the laundromat business. Please upgrade to premium membership on vestedbb.com to obtain the address, and then feel free to discreetly visit the location without saying anything to the employees or customers, who do not know the business is for sale. Then, contact listing broker Jay Goldman to speak with the seller. Please call 877-735-5224 for further 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 firstname.lastname@example.org or call us at
1-877-735-5224 to discover the difference that is Vested Business Brokers.
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.