MergerPlace

Laundromat Card System

Bronx, New York


  • Asking Price: $1,100,000
  • Gross Income: $462,758
  • Cash Flow: $203,849
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $300,000
  • Listing ID: #203497
  • Established: 4
  • Employees: 5

Business Description

Card system state-of-the-art Laundromat built new 4 years ago. 42 washers, 46 dryers, all equipment is Electrolux the most sophisticated equipment out there. 18 year lease. Street parking as well as parking lot for 8 spots dedicated to the Laundromat. Financing available through bank requires 35% down. Laundromat is run completely absentee. 84% self-service, 8% wash & fold ,7% soap sales, 1% vending. This is not your typical New York landlord he is a pleasure to work with!!!! Must show proof of funds prior to receiving the address. Call Doug to take a tour won't last


Business Details

Primary Business Category: Services - Other Services
Location: New York
Metropolitan Area: Bronx

Company Information

Year Established: 4
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $1,100,000
Gross Revenue: $462,758
Cash Flow: $203,849
FF&E: $300,000
Seller Financing Available: Yes

Property Information

Facilities:

Long term lease available 18+ years, all equipment is 4 years old, 3,400 sq. ft.

Growth & expansion opportunities:

Owner operator can implement different services

Competition:

There is competition in the area

Reason for selling:

Other business opportunity

Support & Training:

Seller will train buyer

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Douglas Bodner

Executive Business Brokers