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Businesses For Sale   >>   Laundry Businesses For Sale

Laundromat - Absentee Owner

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $150000
Net Profit / Cash Flow  $50000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2006
Number of Employees  1 - 3
Inventory  75000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will provide training and support if needed.
Reason for Sale  Too far commute from NJ for the owner.

Description  
Location: Nassau County NYC NY. This well established laundromat is located in an excellent area, and they have an excellent reputation. A nice size in approx., 1,800 square feet, the monthly rent is only $4,000 include all except lawn/snow, and the lease is up so can discuss a new one with landlord try for 5 years and 5 year option. Established business was there for over 30 years. Sales are $150,000 year or $13,000 month or $3,000 week. Net profit is $50,000 year or over $4-5,000 month. Asking price is $175,000. They do wash & fold, and some delivery. This is a nice looking store. They have 30 washers and 30 dryers = 60 machines. Half of the machines are 7 to 8 years new, and the other half are older. Some machines do not work. 3 part-time employees. Mostly absentee owner since owner goes there once a week. There is a big opportunity to increase sales via internet presence etc. This sale includes furniture, fixtures, and equipment. Turn key business includes everything you need to start your business. Too far commute from NJ for the owner. No owner financing at this time. Seller will provide training and support if needed. Seller prefer industry experienced buyer. Contact Broker - Roy at 914-777-1225 Thank you. Serious Inquiries Only. No Brokers. No disappointments guaranteed. This is an operating business, so do not contact the establishment or employment for information. Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial &/or legal advisor with regard to this information.


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