Local Laundromat for sale in NY - 34937 Business Type: cleaning services,misc. service/non-classifiable,seller financing available,laundromats
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $2,200,000 | Down Payment | $1,500,000 |
| Gross Revenues | $1,000,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $400,000 | Number of FT Employees | Register Free to View |
Financing
$1,500,000 Down and $700k at 7% for 120 months
Business Description
This is a must see laundromat that has just become available for purchase on Long Island. Located in Suffolk County this laundromat has top of the line equipment and has hookups right into the sewers. This business is currently making 2-3x the average amount per pound of laundry. There is a super long lease of 18 years for the current location. Open 7 days a week from 6am-10pm, this is a once in a life time opportunity. Well known throughout the area and even has celebrity clientele. Contact the listing broker, Joe Giordanella, at 877-735-5224 today to speak with the seller.
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.
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