MergerPlace

Established Laundromat in NY

New York (Orange)


  • Asking Price: $50,000
  • Gross Income: $40,000
  • Cash Flow: $14,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $45,000
  • Listing ID: #204059
  • Established: 1960
  • Employees: 1

Business Description

This can be a great opportunity to own your own business for a great price. This laundromat is open 24/7 and is located on a main road in a safe, secure neighborhood with a combination of commercial and residential buildings.


Business Details

Primary Business Category: Services - Other Services
Location: New York
County: Orange

Company Information

Year Established: 1960
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1

Financial Information

Asking Price: $50,000
Gross Revenue: $40,000
Cash Flow: $14,000
EBITDA: $14,000
FF&E: $45,000
Seller Financing Available: No

Property Information

Facilities:

Laundromat consists of approx 1000 sq. ft. with 12 washers and 14 dryers,one soap dispenser and one bill changer. Most machines purchased between 2000 and 2006.

Growth & expansion opportunities:

A full time wash and fold service along with pick up and delivery can increase business.

Competition:

Business has been operating here successfully for over 50 years. Recent addition of competition has affected sales however demographics can support this profitable business.

Reason for selling:

Health issues

Support & Training:

Owner will train as necessary.

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:

Vince Nicolo

Capital Business Solutions