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This Business has been Sold!
Business for Sale Summary

Very Busy Laundromat - 6504

Business Type: laundromats,misc. service/non-classifiable
Sold
Very Busy Laundromat
On , The Undersigned
Acted as the Advisor to the Deal
Marie Goldstein
Marie Goldstein Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of PA
All of OH
All of NC
All of NH
All of ME
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 $149,000 Down Payment $149,000
Gross Revenues $170,000 Lease Remaining Register Free to View
Owner’s Cash Flow $62,000 Number of FT Employees Register Free to View

Financing

$149,000 Down

Business Description

Very busy LAUNDROMAT in great area. Busy most mornings before customers head off to work then busy again from 5pm til close. Over $3k week/sales (as high as $3.5k), the majority coming from coin (opportunity to grow wash, dry and fold is tremendous). 25 Washers, 21 double stacked dryers (average age ranging from 3-13 years old). Landlord will offer 10 year lease most likely, depending on the buyer. Town has ideal demographics for laundromats. Financials presented reflect part-time owner operation (current owner works the business; absentee owner net will be lower due to need to hire employee).

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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