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Financing: $400,000.00 Down and $800,000 at 7% for 72 months Reason for Selling:100% absentee An attractively-located laundromat lies in the heart of several apartment buildings in Brooklyn. Its size is 2800 sq. ft. with the same size of the basement. Rent is $5,000, with a 25 years lease. Has 46 dryers and 31 washing machines. 40% of business is from drop-offs. Another building, next to the laundromat, is almost complete to accommodate 2500 residents. 100% absentee. One of the best business situations.The seller is willing to help a new buyer to get the financing. The seller's net cash flow, after paying all the expenses, is $275,000 a year. Call Syed at 631-374-7686 for more 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 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 |
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