|
||||||||||||
|
||||||||||||
|
||||||||||||
|
||||||||||||
Financing: $200,000.00 Down and The seller may consider offering some financing to highly qualified buyers, but prefers all-down offers. Reason for Selling:The seller is re-locating to Florida Currently run absentee, the seller represents that, if an
owner-operator took over, he could generate $85K in
operating cash flow. Located in an ideal neighborhood
for a laundromat, this one was completely refurbished
& re-opened in 2021 and its sales & profits continue to
grow. You will find 18 like-new Ipso washers and 14
Speed Queen double-stacked dryers comfortably spaced
out over 875 square feet. Roughly, 57% of gross sales
derive from wash & fold (pick up & delivery and drop off),
36% from coin-operated self-service, 6% from soap sales,
and just 1% from dry cleaning, which should increase as
people return to their offices. Your efforts, alongside those
of 3 loyal part-time attendants, who altogether work 105 hours
per week, should make a big difference in gross sales and
profits. Run absentee as it has been, you might expect to
start out making $30K in operating cash flow. The seller has
kept excellent records that should check out, once you are in
the due diligence phase. You can add another 10 or so
machines to the basement, should you want to build up a
commercial laundry business to go with the existing retail one.
Kindly do not say anything to the employees and customers,
about the business being for sale, as they are as yet unaware.
Please email or call the listing broker, Jay Goldman, at
jaygoldman@vestedbb.com or 917-912-3282 to make an appointment
to speak with the seller.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. 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 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. |
||||||||||||
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |