Absentee Owned Growing Laundromat For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $163126
Net Profit / Cash Flow $36644
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1993
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale Other business interests.
Description Profitable and growing cash generator! Absentee owned Laundromat providing a predictable revenue stream. A nice manageable size, with 16 washers and 20 dryers in excellent condition. Squeaky clean store with very little competition. Personable and reliable staff. Growing customer base utilizing self-service, drop-off service, vending supplies, and pay phone. Situated in higher income area which has resulted in a growing demand by busy families for drop-off service (but not everyone in this area owns a house w/ washer & dryer!). There is an apartment complex directly behind the strip mall. This Laundromat is conveniently located on a busy, but not too busy thoroughfare in a nice strip mall with adequate parking. The security system in place allows the store to be viewed from any PC or laptop. Excellent return on investment. Financials can be verified. A must see! Contact for more information on this Laundromat for sale.
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