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Business for Sale Summary

Twenty-Five Yr. Laundromat in Suffolk County,NY - 30468

Business Type: laundromats
Twenty-Five Yr. Laundromat in Suffolk County,NY
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Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $99,000
Gross Revenues $98,000 Lease Remaining Register Free to View
Owner’s Cash Flow $33,800 Number of FT Employees Register Free to View

Financing

$99,000 Down and

Business Description

A 25-year-old laundromat is located in a busy mall on Long Island. Rent is $2,750 a month. The laundromat has 20 washers, a mix of Dexter and LG energy efficient models, along with 22 Dexter and Primus ADC dryers. Store is 1600 sq. ft., and needs no improvements. Large back storage/shelving area and private office, surveillance and security system. Located in sewer district, so no filtration system is needed. Has a number of steady commercial accounts and busy drop off. Senior apartment complexes surround the area. New construction and renovations occurring in the immediate proximity of this store. This is a prime opportunity in a good area. Great potential exists for the go-getter! Seller wants to sell because of a rift between the partners. Call Syed at 1-877-735-5224 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. kg

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.