Laundry / Service
Location New York,United States
Asking Price Range < $250K
Gross Revenues $230000
Net Profit / Cash Flow $55000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1946
Number of Employees 1 - 3
Inventory 170000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Moving.
Description Rare opportunity, established customers in high traffic location. Cheap rent for the next 11 years till 2018. Owner operators will realize much higher cash flow. Plenty of parking, high density area with great demographics. Practically new and very well maintained equipment. Very busy laundromat . 26 washers, 24 Dry machines in 2000sq ft. Excellent lease terms (11 years also 5 years option)with a 2000sq ft full basement in strip mall location. Pick-up and delivery, wash dry fold service, and commercial contracts. Great growth potential. an opportunity for the right team to take to the next level. Contact for more information on this Laundry business for sale.
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