MergerPlace

Absentee Laundromat for sale

New York (Kings)


  • Asking Price: $1,995,000
  • Gross Income: $780,000
  • Cash Flow: $334,803
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #214464
  • Established: 2
  • Employees: 4

Business Description

Brand new state-of-the-art 5,000sqft card system laundromat for sale located in Brooklyn NY with parking for 10 spots 52 washers(14) 60lb (2) 80lb (16) 30lb (20)20lb (56 )dryers 30lb ESD Card system. 77% self-service 11% wash and fold (12% drop stores There are 4 drop stores that generate additional wash & fold income). Bank financing available with 35% down. Long lease in place Laundromat is run on autopilot. absentee net profit 334k Numbers are projected on the last six months of actual income. Call Doug today to take a tour 908-851-9040 x 204


Business Details

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

Company Information

Year Established: 2
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $1,995,000
Gross Revenue: $780,000
Cash Flow: $334,803
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Laundromat is still new and in continuing to show growth

Competition:

Little competition in area

Reason for selling:

Seller has health issues

Support & Training:

Seller will train new buyer

Contact Business Seller

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Business Listed By:

Larry Bodner

Executive Business Brokers