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Business for Sale Summary

Mega Laundry w/ Card Reader for sale in NY - 34515

Business Type: absentee business,dry cleaning/ laundry services,misc. retail/non-classifiable,misc. service/non-classifiable,other business services,other personal services,seller financing available,laundromats
Owner Financing
Mega Laundry w/ Card Reader for sale in NY
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This business has received 183 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $280,000
Gross Revenues $300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View


$280,000 Down and Balance at a rate TBD

Business Description

Mega Laundry with 20 Year Lease and Card Reader System. Covid resistant. Recession proof. Absentee Operated. This is an immaculate 5,200 sq. ft. mega - laundry with 8 parking spaces in their own private lot. The business can be open 24 hours a day, 7 days a week. They offer 50 washers (18 small, 18 medium, 12 large and 2 X-Large) and 50 Dryers (2 are 50lb.-75lb., and 48 are 30-55lb.) They use a Laundry Pass card system so all sales are 100% VERIFIABLE! The owner is absentee and spends most time working on another high growth business. That is the motivation for the sale. Gross Sales for past 12 months were approx. $300,000.00 (Includes retail, wash & fold and dry cleaning drop off). Absentee owner’s cash flow was approx. $100,000.00. Please keep in mind this does not include any pick up or delivery that would a must add! The lease is the best part. There are 20 years left with a rent of only $5,200/mth. for a 5,400 sf. space. We are seeking a serious and financially qualified buyer with at least $280K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today on 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 after showing proof of funds for at least $280K!

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.