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This Business has been Sold!
Closing Date: 10/20/2007
Business for Sale Summary

Recently Refurbished Laundromat - 6946

Business Type: must sell/drastic price reduction!,laundromats
Recently Refurbished Laundromat
On October 20th 2007, The Undersigned
Acted as the Advisor to the Deal
Marie Goldstein
Marie Goldstein Senior Broker
Servicing: All of NY
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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.

Financial Information (non-confidential)

General Information
Asking Price $60,000 Down Payment $60,000
Gross Revenues $115,400 Lease Remaining Register Free to View
Owner’s Cash Flow $16,376 Number of FT Employees Register Free to View



Business Description

Great opportunity. Located right off of one of the busiest highways on the Island, this laundromat has 21 washers and 20 dryers, all in perfect working order. All electrical work has been recently redone. The monthly rent is only $3,400 includes all CAM charges and taxes. In addition, there is no filtration system necessary for the sewer which means no water treatment expense common in most laundromats in Suffolk County. Located in a shopping center with a major supermarket, this location has a 9 year lease with a 5 year option.. (The landlord is a very open and flexible). If you have any interest, please do not delay. Financials reflect the last 6 month's multiplied by 2.

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.