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Mega Laundry With 20 Year Lease
Location: United States -> New York -> Kings County
Industry: Business Services > Laundry




Business Summary

This is an immaculate 3,000 sq. ft. mega - laundry with 15 parking spaces in their own private lot. The business owner is the landlord and will offer a 20 year lease with first right of refusal on the building. The business is currently open 24 hours a day, 7 days a week. They offer free parking, cable TV, Wifi, Air Conditioning and much more! They have 48 Huebsch Washers and 48 Heubsch Dryers (only 4 years old, still under warranty). These machines are top of the line with stainless steel bodies and stainless steel drums. They use the X-Changer Card System so all sales are 100% VERIFIABLE! The owner is absentee and spends less than 15 hrs/wk at the business. Gross Sales for past 12 months: $620,755.00 (Includes Card Machines - $463,409.00, Wash & Fold, Dry Cleaning Drop Off and Pick Up & Delivery - $157,346.00). Cash Flow: $311,051.00. We are looking for a serious and qualified buyer with at least $800K in liquid capital for the downpayment, deposits, working capital, etc. Please be prepared to provide Proof of Funds prior to a meeting. If you meet the criteria., call or email Mel Vaz today at 631-909-1095


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $620,755
Cash Flow:   $311,051
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2005
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train
Reason For Selling:  Personal

Photos

View Larger Photo(s) Of Business
Mega Laundry With 20 Year Lease Photo 1 Mega Laundry With 20 Year Lease Photo 2 Mega Laundry With 20 Year Lease Photo 3




Print Listing Id: 700188492
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