Coin Operated Laundromat & Commercial Wash / Fold
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1176000
Net Profit / Cash Flow $392240
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 10 - 19
Inventory 550000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Yes.
Reason for Sale Out of country business interest forcing owner to relocate.
Description This is a well established successful and unique combination of a local Laundromat and commercial wholesale wash and fold bundling Business in the Bronx, servicing the Manhattan area. The equipment is updated with equipment and fixtures valued at $550,000. The business is generating a discretionary cash flow of approximately $5,000 per week for the prospective new owner. It is in a good location, well kept and in a concentrated populated area of buildings with repeat clientele, limited competition and tremendous expansion capabilities. This is an easy to run and profitable business so don't hesitate to email or call Morris at any time, on my cell phone at 347-239-5723 or at the office 914-358-3550 Ext 1842 for more in depth information on this Laundromat business for sale.
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