Growing Laundromat
Location New York,United States
Asking Price Range < $250K
Gross Revenues $130437
Net Profit / Cash Flow $25000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 1 - 3
Inventory 50750
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Other investment ventures.
Description Well-established, profitable, high-growth laundromat for sale in Nassau County, NY. This laundromat has been established since 1992 and has an increasing customer base and a great name in the community. Sales have been increasing 20% for the past two years and 2008 projections anticipate similar growth. Laundromat is extremely clean and has a ''family-type'' atmosphere. A must see! There are 20 Wascomat washers, 16 Wascomat dryers, Wascomat change machine and soap and bag vending machines. Laundromat is easily managed with well-trained, reliable employees - owners are mainly absentee. Excellent investment opportunity. This wont last! Contact for more information on this laundromat for sale.
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