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Businesses For Sale   >>   Westchester Businesses For Sale   

Very Large Laundromat For Sale

Location  Westchester County, New York, United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $360000
Net Profit / Cash Flow  $200000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2000
Number of Employees  1 - 3
Inventory  200000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Training  Seller will provide training and support if needed.
Reason for Sale  Retirement.

Description  
Very Large Laundromat For Sale in Westchester County NY. This well established laundromat is located in an excellent area, and they have an excellent reputation. A nice size in approx. 2,800 square feet for the first floor, they own the building as well so rent out the store on the second floor. Established business was there for many years. Sales are $360,000+ year or _ month or _ week. Net profit is $195,000 year or over 16,000 month. Asking price is $500,000 for the Laundromat, but you could talk to the realtor (I have his contact information) if you want to buy the building. They do wash & fold, walk in etc. This is a very nice looking store. They have 74 machines all are only 7 years old so in great shape, 38 washers and 36 dryers = 74 machines. Monthly Expenses are: gas/electric 3,400, water 1,100, supplies 750, insurance 310, payroll 6.500, rent depends, repairs 200, internet 150, dry cleaning 800, vending 300. Total Monthly Expense is 14,000. Income is: 16,000 Walk In, 12,500 Wash Fold, 1,400 Dry Clean, 500 vending, 35 ATM/phone, 150 clothing drop. Mostly absentee owner since owner goes there 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. 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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