Laundromat - Tremendous Opportunity
Location:
United States
->
New York
Industry: Business Services > Laundry
Business Summary
This laundromat is poised for growth. Currently, the business averages about $8,000 per week in sales. There is additional space being added onto the existing location to provide adequate space for the growth. This is happening now! The owner has come in and turned the business around in just over a year by focusing on the wash and fold aspect. The business is positioned in the heart of several high rise residential buildings. This laundromat has been est. for over 20 years and in the next 18 months, sales will rise significantly. The owner thinks this location can do $13,000 per week. Contact for more information on this Laundromat for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$394,000
Cash Flow:
$132,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
About The Business
Year Established: 1987
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: The owner will provide a reasonable amount of training and support.
Reason For Selling: To free up money for a real estate project.
Click on the "I'm Interested" button above for more information on this Business Services > Laundry business for sale.
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Print Listing Id: 70055927
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