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Laundromat For Sale
Location: United States -> New York -> Kings County
Industry: Business Services > Laundry




Business Summary

This location comes with two businesses, over 3,600 sq. ft. is the Laundromat, the dry cleaners over 2,500 sq ft. This Laundromat has been established for 5 years, with a 20 year lease and absentee owned. Very profitable and has all the potential for a new investor to take it to a new level. State of the art operation and added latest technology, with over $800,000 of equipment which makes this location very desirable. The seller has given Vested 5 total Laundromat that he would prefer to package for the right investor. They all are very similar in size and technology. Each has master tenant, therefore reducing the rent further from the top. Proof of funds is a must. Contact for more information on this laundromat for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $650,000
Cash Flow:   $341,700
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Personal.




Print Listing Id: 700149401
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