Laundromat With A Fantastic Lease
Location:
United States
->
New York
Industry: Business Services > Laundry
Business Summary
Retirement is forcing this owner to sell. Annual gross sales are $269,000 ($5,100+ per week) and the owner nets $89,000. He owns the building and is willing to give a new 20 year lease with no increases for the first five years! Proposed rent will be $4,800 per month. Floor space is 2,400 sq ft. Inquire for more information on operations, the property, income & expenses, utility bills etc. Contact for more information on this Laundromat for sale.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$269,014
Cash Flow:
$89,615
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1988
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
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: Retirement.
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: 70062391
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