Laundromat In Shopping Center
Location New York,United States
Asking Price Range < $250K
Gross Revenues $115763
Net Profit / Cash Flow $47755
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1991
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description Fantastic Laundromat for sale. As of August 2008, monthly sales have been exceeding $10,000. This laundromat has 20 washers and 28 dryers with the majority less than 7 years old. The monthly rent includes water charges, which is a rare find if you know this industry. In addition, this is a sewer system laundromat, meaning there is no water treatment expense as is common in most Suffolk County laundromats. Located in a shopping center with a major Supermarket, this location has 7 years remaining on the lease. This business has shown consistent sales growth from the day the current owners took over. This year Gross Sales are expected to exceed $115,763 with a Net of approx. $47,750 (Owner Operated). Sales have increased by almost 1,000 per month every month. The seller has the records to prove it.
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